Economy
172 articles · Page 13 of 18
From the Desk of Kevin Mannix
Part of my work as a State Representative involves getting decisions on proposed laws. There is more than one way to get legislation to the House Floor to vote on...
Oregon's Unemployment Rate was 4.8% in January
In January, Oregon's joblessness rate was 4.8%, maintaining the revised rates from October, November, and December 2022. The state last saw a higher unemployment rate in July 2021, at 5.1%....
Oregon Workers Are Owed $1.8 billion in Unpaid Overtime, According to Study.
American workers face declining real wages and rising workloads due to reduced overtime pay since the 1970s. A study reveals substantial unpaid overtime, especially in Oregon and Maryland. Younger workers prioritize overtime compensation over vacation, viewing it as a basic right. This trend contributes to job dissatisfaction and the "Great Resignation."
One Overlooked Metric That Could Transform Your Company's Value.
You know gross margin impacts your profit, but have you considered the impact it has on the value of your company? When assessing your company’s value, acquirers and investors will...
STATE TO REOPEN OREGON HOMEOWNER ASSISTANCE FUND PROGRAM PORTAL TO NEW APPLICATIONS
SALEM, ORE. — Oregon Housing and Community Services (OHCS) will resume accepting new applications for the Oregon Homeowner Assistance Fund (HAF) Program on March 8, 2023. The agency estimates there...
Oregon Businesses Grapple with Rising Costs: A Deeper Look
Oregon is facing rising concerns over its high cost of living, recently ranked 8th in the U.S. and 6th excluding Alaska and Hawaii. This situation arises from significant policy decisions, including the CAT Tax and high labor costs. Balancing economic growth while addressing disparities is essential for Oregon's future sustainability.
Save or Spend? A Real Estate Story
The author reflects on their journey as a real estate broker, highlighting experiences during the Great Recession and recovery post-2012. They emphasize the current housing shortage, ongoing demand for multifamily investments, and changing homeownership trends. In uncertain economic times, the author advises seizing opportunities rather than hesitating.
Let Salem Vote!: Will citizens decide on the employee-paid payroll tax in November?Â
Salem, Ore. -The Oregon Business & Industry has gathered over 5,000 unverified signatures for the "Let Salem Vote!" petition as of July 30, seeking to put the newly adopted Safe...
Salem City Council meeting on July 10 could decide employee-paid payroll tax:
“We can’t leave it to another Council to decide,†says Mayor Hoy Salem’s population is growing, but the budget for police, fire, homelessness, and emergency services is falling behind. The...
Legislature Working to Increase Construction Regulation Authority
Construction bills in an Oregon legislative session are typically focused on prevailing wage, apprenticeship, and public contracting. However, this year dollars in federal spending bills come attached to their own...