Posts
People’s Bank posts results for 3rd quarter.
People’s Bank of Commerce (OTCBB: PBCO) announced today its financial results for the third quarter and year-to-date 2020. The bank reported net income of $1,937,000 or $0.55 per basic and diluted share for the third quarter of 2020, compared to net income of $947,000 or $0.30 per share in the…
Read MoreLooking Forward
By Jim TeeceSouthern Oregon Business Journal Publisher I stumbled into a rabbit hole. Someone sent me a report about how Oregon places next to other states as far as supporting small business and it didn’t do very well. So I started thinking about how to minimize risk and still start…
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Ashland community launches new site to attract the next generation of workers and employers to town
When the pandemic sent us all working from home, many of the high tech workers in the big cities realized that they could work from anywhere and many started looking. A group of folks came together in Ashland to create a video series that told the story of living and…
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Southern Oregon University Launches New Esports Management Minor
A minor in esports management? Information about the soon-to-be-launched Esports Hub in SOU’s Student Recreation Center? The university’s new esports website brings all the information about SOU’s trend-setting programs together in one place. The university is launching both an academic program and a competitive team in esports this fall, becoming…
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Zoom Towns Are Real
Stories about pandemic migration and working from home abound, even as we are months away from any hard data. This can be a struggle, balancing these anecdotes and speculation when we lack any real evidence. And the issue isn’t that these things are not happening. They clearly are. The issue…
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Employer Costs for Employee Compensation in the U.S.
Employer’s total costs for employee compensation include wage and salary earnings, along with multiple categories of benefits. In June 2020, total compensation averaged $38.20 per hour worked among civilian workers in the U.S. Wages and salaries amounted to $26.17 per hour, while benefits totaled $12.04. Wages and salaries accounted for…
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Recent large fires fed by forest management issues and climate change.
There is a lot of misinformation about the state of our forests, especially in the intense political climate we are in regarding the causes of the massive forest fires in the West. Commercial thinning is a method used to open up the tree crowns to light as the trees are…
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Disparate Impact: COVID-19 Job Losses by Sector and Gender in Oregon
Every recession is unique, with varying impacts on workers in different parts of the economy. The dot com recession in 2001 hit high-tech harder than other sectors. Construction bore the hardest brunt of job losses during the Great Recession. The COVID-19 recession, now in its eighth month, is showing its…
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New Telecommunications Firm Expanding in Klamath Falls
Klamath Falls, OR (November 5th, 2020) – Today, the Klamath County Economic Development Association (KCEDA) publicly announced that the KRTelecom Group has started new operations in Klamath Falls and is expected to expand substantially in the next few months. Working with partners such as Verizon, Spectrum, and AT&T, KRTelecom offers…
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New Manufacturing Plant to Open in Klamath Falls
An international company announced Wednesday that it will build a multi-million dollar manufacturing plant in Klamath Falls that will employ about 50 people. Wilsonart Engineered Services, based in Temple, Tex., manufactures and distributes materials used in furniture, office spaces, countertops and more. It will construct a 95,000-square-foot building located on…
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SOREDI Seeks Applications from Rural Entrepreneurs and Companies for its 2020 Southern Oregon Rural Startup Challenge
SOREDI is pleased to announce it is now accepting applications for its inaugural Southern Oregon Rural Startup Challenge, providing up to $60,000 in capital investments by December 31 to rural startups and companies seeking expansion capital. SOREDI, which has facilitated the Southern Oregon Angel Investment Network for numerous years, has…
Read MoreA Few Words from Jim
I’m not a fan of politics. I registered independent a few years ago after feeling that both parties were spewing fear and hate about each other. I became disenfranchised. I ran for Ashland School Board once. I lost by the widest margin recorded in history. Ok, that isn’t true, but…
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