economy

Encouraging Employment News Experienced Throughout Southern Oregon

By Jim McCoy Mon 25th November Newseconomyunemployment
As with the rest of the state, southern Oregon counties are seeing their unemployment rates go down. In October, Jackson County gained 990 jobs, Coos County saw its seasonally-adjusted unemployment rate fall below double digits, and Josephine County and Curry County also saw their unemployment rates go down.Read More »

Nearly 43 Thousand Oregon Job Vacancies Report For Summer, 2013

By Jim McCoy Mon 14th October NewseconomyjobsOregon employment
According to the Oregon Employment Department, there were some 42,900 job vacancies in the state during the summer of 2013. That’s the highest number of job vacancies since the beginning on the great recession in 2009. In July, there were about 157,000 unemployed Oregonians, meaning that there were about four unemployed Oregonians for every vacancy.Read More »

ODA Report: Oregon Farm Income Fell Slightly Last Year

By Jim McCoy Wed 25th September NewseconomyOregon agriculture
Oregon farmers and ranchers fell short last year of 2011’s near record net farm income, but many sectors of the state’s agricultural economy did well in 2012.Read More »

Economists Forecasting Less Revenue For Oregon

By Jim McCoy Wed 28th August NewsbudgeteconomyOregon revenue
Economists are projecting a slight decrease in state revenue during the two-year budget cycle that began last month.Read More »

Unemployment Rises in Jackson County, Remains Unchanged Elsewhere

By Jim McCoy Mon 19th August NewseconomyjobsOregon employment
Total payroll employment fell by 1,570 jobs in Jackson County last month, largely due to seasonal reductions in state and local government education. The seasonally adjusted rate for July stands at 9.8 percent, up from 9.5 in June.Read More »

More Oregonians Are Looking For Work

By Jim McCoy Tue 13th August Newseconomyjobsunemployment
State economists say Oregon's unemployment rate remains "essentially unchanged" at 8 percent. The state Employment Department said Tuesday the rate for July was higher than in June, after a revision of the statistics, by two-tenths of a percentage point. The department said hiring continued to be strong in leisure and hospitality businesses, while construction companies and goverRead More »

Oregon Unemployment Inches Upward

By Jim McCoy Tue 16th July NewseconomyjobsOregon employment
Oregon's jobless rate inched up a tenth of a percentage point in June, and hiring was weak. The State Employment Department said Tuesday the unemployment rate of 7.9 percent is essentially unchanged from the 7.8 percent reported in May. The rate is based on a survey of households.Read More »

Oregon Unemployment Falling, Construction Jobs Rising

By Jim McCoy Tue 18th June Newseconomyjobs
The unemployment rate in Oregon has dipped below 8 percent for the first time since the nation fell sharply into the Great Recession in the fall of 2008. The Oregon Employment Department said Tuesday the state unemployment rate was 7.8 percent in May and, after a revision, 7.9 percent in April. The department reported Tuesday that job gains have been strong recently in constructiRead More »

Economists Boost Projected Oregon Revenue Forecast

State economists say a slow, steady economic recovery means the state treasury will take in more money than previously expected. The quarterly forecast released Thursday said revenue from tax collections will be up by more than $270 million since the last projections.Read More »

Gas Prices Spiking In Oregon

By Jim McCoy Mon 13th May NewsAAAeconomygas prices
The AAA auto club reports the average price of a gallon of gasoline in Oregon is $3.92. That's up 26 cents in a week, and it's 34 cents higher than the national average. Some metro prices from AAA's Monday survey: Portland $3.91, Salem $3.92, Eugene-Springfield $3.96, and Medford-Ashland $3.94.

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