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|Thursday, September 10, 2009|
More than half of the respondents in this week’s poll bring a bit of good economic news: they say that their company is holding steady against the hard winds of the downturn and some of them even plan to hire.
Just a small percentage say that they are gearing up to fire workers, which may be proof that the reports that we’ve reached bottom are true.
According to the Associated Press, companies are laying off fewer workers as the U.S. economy shows consistent signs that the recession is over. The Federal Reserve said this week that 11 of its 12 regional banks reported the economy is stabilizing, an improvement from previous reports.
Still, the employment picture in Oregon isn’t pretty. About 3,000 jobless Oregonians have reached the final extensions on their unemployment benefits. Oregon’s unemployment rate was 11.9 percent in July, and has been close to 12 percent over the past five months.
The latest report from the labor department adds to a deepening consensus that, even as the economy resumes expansion, the recovery was likely to be weak, prompting most companies to hold back from aggressive hiring, meaning it will be a jobless recovery.
But at least there are a few Oregon companies out there bucking the trend.
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Court experience helps legal firm anticipate potential problems for clients and prevent expensive litigation.
When Garmin AT needed to consolidate operations for its 550 employees, it scanned its entire corporate map for possible sites.
The technology industry is always in flux. And this rapid rate of change poses challenges to companies ranging from nimble startups aiming to make their mark to established organizations fighting to remain relevant. This is particularly true in the competitive digital display market, where an Oregon company has been at the forefront of nearly every major breakthrough in the last three decades.
A look back at the shifting sands of Portland’s growth and development.
Robert S. Wiggins has joined Lane Powell as a Shareholder in the Corporate/M&A Practice Group. Wiggins is a well-known lawyer, entrepreneur, and investor with more than 30 years of experience leading and advising established and emerging companies in the Pacific Northwest. Wiggins will focus his practice on offering outside general counsel services, including general corporate and board representation, business transactions and capital events.
DEDICATION PARTY: Help the Port of The Dalles celebrate its newest shovel-ready industrial land Friday, July 31, from 1:30 to 4 p.m.