The majority of Oregon’s Equal Pay Act will take effect on Jan. 1, 2019. The Act originally approved in 2017. The law expands the current sex-based pay discrimination law and to include ten protected classes: Race Color Religion Sex Sexual orientation National origin...
This post circles back on the recent Headwinds and Tailwinds presentation I gave at the Northwest Economic Research Center’s forecast breakfast last month. It also ties directly into the previous post on Oregon’s industrial structure overall. The biggest high-tech...
When it comes to leading economic indicators they tend to fall into two camps: manufacturing and related measures, and then everything else. Here in Oregon we have two composite leading indicators series, one from our office and one from Tim Duy at the University of...
This morning the Census Bureau released the 2017 American Community Survey data. There is a ton to unpack here and even more once the microdata is released later this year. In the coming months our office will update and share some of this work. As discussed earlier,...
September 2018 While economic growth continues and nearly all leading indicators flash green, the shape of the business cycle may be coming into focus. Specifically, economists are becoming more comfortable talking about plausible recession scenarios given the...
Lowest on Record: Oregon Unemployment Rate Drops to 3.8 Percent in August Oregon’s unemployment rate was 3.8 percent in August, which was Oregon’s lowest unemployment rate since comparable records began in 1976. Oregon’s July unemployment rate was 3.9 percent. The...
When our office discusses Oregon’s world class strengths, we tend to focus primarily on things like timber, semiconductors, and migration, with only passing reference to the others, like UAVs and food and beverage. This is in part due to the fact we have spent less...
Right now, employment across the state stands at an all-time high, some 70,000 jobs above levels reached prior to the Great Recession. Oregon is now getting very close to full employment, something we are likely to reach in the fall. Read the Oregon Office of Economic Analysis report now.
Even as participation rates and employment opportunities are rising, these gains are not evenly distributed across the economy or individuals. In fact, there are stark differences across generations and their labor market outcomes today. Read the Oregon Office of...
The below is a statement of law from https://www.healthcare.gov provided here for your convenience: If you can afford health insurance but choose not to buy it, you must pay a fee called the individual shared responsibility payment. (The fee is sometimes called the...
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