A new report from IHS Global Insight says that Oregon cities will take many years to recover the number of jobs they had before the recession.
A new report from IHS Global Insight says that Oregon cities will take many years to recover the number of jobs they had before the recession.
The Portland metro area won’t recover until mid-2014, the report says.
Corvallis will do better, returning to pre-recession peak employment in 2013, according to the report Monday by IHS Global Insight, an economic forecasting firm. Medford will take until 2018 and Eugene-Springfield until 2019, the report said.
Metro Bend? Oregon’s poster city for the housing bubble won’t stage a jobs comeback until “beyond 2021,” the forecasters said. They see double-digit unemployment gripping Deschutes County through 2013.
Read more at OregonLive.com.
{biztweet}oregon recession{/biztweet}
