Archive for April 2024
Cracker Barrel Bids Farewell to Oregon
In an unexpected turn of events, the beloved Southern-themed restaurant and old country store, Cracker Barrel, has announced the closure of all its Oregon locations, including the newly opened stores. This move comes as a shock to many, especially considering the recent expansion efforts in the state. The Tennessee-based chain, known for its homestyle cooking…
Read MoreStart Out Right to Build Success
Starting a business has never been an easy task. If it was easy, and if continuing business operations wasa breeze, then the failure rate of young businesses wouldn’t be so high. But it is high and stubbornlyrefuses to lower, indicating that it is no easier today than it was in the 1980’s when the US…
Read MoreOregon’s Job Growth Fastest in Private Education and Health Services and Government
Oregon lost 4,900 nonfarm payroll jobs from January 2023 to January 2024, which was a growth rate of -0.2%. Among all states and the District of Columbia, Oregon grew at the slowest rate. Washington and California were near the middle of the rankings, with growth rates of 1.4% and 1.3%, respectively. Idaho grew 2.0% over…
Read MoreNew and Emerging Jobs in Oregon: The Latest Trends
The Oregon Employment Department’s occupational employment projections through the year 2032 include the latest trends in new and emerging jobs in Oregon. Projections provide the expected growth rate and annual openings for more than 700 different occupations from 2022 to 2032. Occupations generally include numerous types of jobs, from old familiar job titles, to new…
Read MorePeople’s Bank Acquisition Of Downtown Eugene Property
Eugene, OR – People’s Bank of Commerce (People’s Bank) is proud to announce its acquisition of a prime property located at 811 Willamette Street in downtown Eugene, Oregon. This strategic move signifies the bank’s commitment to furthering its presence within the vibrant community of Eugene and strengthening its ability to serve the financial needs of residents…
Read MoreOnline Job Ads Declined in Fall 2023, but Remain Higher Than Pre-Pandemic Levels
The number of new online help wanted job ads decreased 15% in Oregon between the fourth quarter of 2022 and the fourth quarter of 2023, according to the Help Wanted OnLine (HWOL) data series. For comparison, new ads in the U.S. decreased by 17% in the same period. New online help wanted ads in the…
Read MoreNew Report Shows Big Impact of Oregon Ports
A comprehensive new study shows the importance of Oregon’s ports to the stateeconomy, and highlights opportunities for enhancing port operations in coming years.Business Oregon released its report on the Economic Benefits and Needs of OregonPublic Ports, prepared by the University of Oregon’s Institute for Policy, Research, &Engagement (IPRE). The report showed Oregon’s 23 ports directly…
Read MoreOregon’s Digital Equity Plan Approved and State Allocated $9.9 Million for Digital Equity
Business Oregon’s Oregon Broadband Office received notifications from the National Telecommunications and Information Administration (NTIA) that Oregon’s Digital Equity Plan was approved and that an allocation of $9.9 million in initial funding has been awarded to the state to implement the Digital Equity Plan. More information about these important announcements is below. Approval On March…
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