Unemployment Rate
5:27 pm
Tue April 14, 2015

Oregon's Jobless Rate Falls Below National Average

Oregon's unemployment rate has fallen below the national average making it the first time since 1996.
Credit photologue_np / Flickr

Oregon's unemployment rate has fallen below the national average and it's the first time that's happened in 19 years.

The last year has been good to Oregon's economy.

The unemployment rate has plummeted from more than 7 percent to 5.4 percent. That's one-tenth of a percentage point below the national average.

State economist David Cooke said the last time Oregon had a lower unemployment rate than the nation, was in 1996, the height of the dot-com boom.

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Oregon Economy
3:33 pm
Thu February 19, 2015

Oregon Economists Predicting 'Likely' Kicker

Shaundd Wikimedia

Originally published on Thu February 19, 2015 3:01 pm

Oregon taxpayers could receive an unexpected windfall next year.

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Renewable Power
5:09 pm
Tue January 27, 2015

Renewable Energy Capacity Equals Economic Growth In Oregon And Washington

Renewable energy production could account for 98 percent of Oregon’s and Washington’s electricity needs in just 15 years.
Credit Harvey McDaniel / Wikimedia

Oregon and Washington could transition from fossil fuels to renewable power by the year 2030.

According to new reports, developing those renewables would create hundreds of thousands of jobs for the region.

Solar, wind, hydropower, biomass, geothermal and waste-to-energy electricity production could account for 98 percent of Oregon’s and Washington’s electricity needs in just 15 years. That’s according to new reports out from the Wind Energy Foundation, a group that promotes wind development.

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4:08 pm
Wed December 17, 2014

Washington Unemployment Rate Ticks Up Slightly Amidst Steady Hiring

Originally published on Wed December 17, 2014 3:51 pm

Washington and Oregon's latest unemployment numbers offer a paradox.

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Oregon Unemployment
5:52 pm
Tue November 18, 2014

Oregon's Unemployment Rate Holds Steady

Despite steady job growth, the unemployment rate in Oregon has stayed at seven percent.
Credit AP Images

Oregon’s unemployment rate held steady last month. That’s despite steady job growth in several industries.

Oregon added 9,900 new jobs in October. That’s the largest single month employment gain in almost 20 years.

State employment economist Nick Beleiciks says those jobs came from growth in several key industries.

“Manufacturing has added a lot of jobs during the recovery, professional business services, and healthcare and social assistance just keeps growing,” Beleiciks said.

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HP Split
6:41 am
Tue October 7, 2014

Hewlett-Packard Split Felt In Northwest

HP headquarters in California.
Credit Helwett-Packard

Employees at HP’s Northwest facilities are following the news of the company’s split into HP Inc. and Hewlett-Packard Enterprise.

HP has three offices in the Northwest, mostly focused on the company’s printing division. It will likely become part of HP Inc.

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Tesla Gigafactory
6:43 am
Fri July 25, 2014

Washington Secretly Competed For Tesla ‘Gigafactory’

A Tesla Model S.
Credit Daniel Piraino / Flickr

For the first time, we are learning that Washington competed to become the location for a massive battery factory for Tesla electric cars. State officials confirmed that Thursday even as reports are surfacing that Tesla has broken ground near Reno, Nevada. Olympia Correspondent Austin Jenkins reports.

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Washington Jobs
4:01 pm
Wed March 5, 2014

Washington Recoups Great Recession Job Losses, With Caveat

Andreas Klinke Johannsen Flickr

Originally published on Wed March 5, 2014 2:52 pm

It took four years, but Washington has now recovered more jobs than it lost during the Great Recession.

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Washington Jobs
4:16 pm
Wed January 29, 2014

Tri-Cities Lands New National Energy Lab, Growing Cleanup Firm

A new 22,000-square-foot energy research lab will break ground in the spring. It’s part of the Pacific Northwest National Laboratory in Richland.
Meier Architecture Engineering

Originally published on Wed January 29, 2014 4:12 pm

Southeast Washington is getting an economic boost after two announcements were made on Wednesday that are expected to lead to new jobs in the region.

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Oregon Unemployment
4:35 pm
Wed January 22, 2014

Oregon's Unemployment Rate Drops To Five-Year Low

December’s unemployment rate dropped to the lowest mark in five years, according to the Oregon Employment Department.
Credit Andreas Klinke Johannsen / Flickr

December’s unemployment rate dropped from 7.3 percent to 7 percent. That’s the lowest mark in five years, according to the Oregon Employment Department. 

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