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Oregon’s Labor Market: Still Room for Improvement

Although Oregon’s labor market is stronger than it has been since before the Great Recession, there is still room for improvement. Strong job growth in early 2016 lowered Oregon’s unemployment rate to levels not seen since the mid-1990s. However, the unemployment rate alone doesn’t capture the insufficient and uneven recovery of Oregon’s labor market, which keeps many working families struggling economically.

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InsideCapitolDome

Fantasy numbers or inconvenient truth?

Several weeks ago the Oregon legislature’s economists in the Legislative Revenue Office (LRO) came out with an estimate of how the proposal to raise taxes on large, mainly out-of-state corporations would impact the Oregon economy. While Oregon media ran with LRO’s estimated impact on jobs, they failed to recognize that the jobs estimate was fantastic, in the truest sense of the word — the jobs estimate is essentially a fantasy prediction.

Fantasy numbers or inconvenient truth? Read More »

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