economy

Thinking Of Economies As Computers

Jun 29, 2015
Basic Books

You would not expect your first computer from years ago to be able to stream video.

Likewise, it's perhaps unrealistic to expect developing countries to register economic growth by leaps and bounds. 

MIT associate professor César Hidalgo sees economies as akin to computers... information systems that process information at different speeds. 

He fleshes out the concept in his book Why Information Grows: The Evolution of Order, from Atoms to Economies.

Deviant Art/Wikimedia

Oregon already boasts one of the higher minimum wages in the country, at $9.25 an hour. 

But activists in the state are joining up with national campaigns to push it up to $15/hour. 

City votes in Seattle and Los Angeles will raise wages there... there are several steps before a similar vote in Oregon, but petition signatures are already being collected. 

Economy Stuck In Rural Oregon

Jan 6, 2015
Gary Halvorson/Oregon State Archives

Oregon's economy took a long time to recover from recession, but total employment numbers are now roughly back to where they were pre-recession. 

But not everywhere. 

Rural Oregon, often timber-and-resource dependent, is still stuck in a number of ways. 

Oregon Employment Takes Off

Nov 26, 2014
Public Domain

The last time Oregon's employment shot up this high, Bill Clinton was president, and "Waterworld" was in movie theatres. 

Figures from the state Employment Department show October of this year adding nearly 10,000 to Oregon payrolls. 

Several sectors of the economy performed better than economists expected. 

Rogue Valley Economy Stirs

Nov 11, 2014
Wikimedia

The last time we talked to University of Oregon economist Tim Duy, the news was not so good for the Rogue Valley. 

Duy's analysis showed the valley lagging behind other parts of the state in growing out of the effects of recession. 

Now the flicker may be turning into a flame. 

Learning "How The Poor Can Save Capitalism"

Sep 29, 2014
Berrett-Koehler Publishers

Maybe the one percent have all the money, but the other 99 percent do most of the consumer spending. 

That gives them economic power, if not political power.  And it is power than can be wielded. 

Entrepreneur and poverty activist John Hope Bryant has a few ideas on how that power can be used. 

Medford Still In Recession's Grip

Aug 7, 2014
Ian Poellet/Wikimedia

Oregon seems to take longer to emerge from recessions than the rest of the country. 

And Medford seems to take longer than other Oregon metro areas. 

While the Medford area showed strong growth until the recession, a recent report shows it still struggling to get back to that success. 

"The Reckoning" In Accounting

Jul 8, 2014
Basic Books

The art of accounting is a very old and useful one. 

It helps us know where the money goes, in personal and business and governmental accounts. 

But as accounting grew in stature and usefulness, efforts to get creative with numbers also grew. 

What's Behind Oregon's Improving Employment

May 23, 2014
Public Domain

Officially, the national recession ended several years ago. 

You could not prove that by a lot of workers, especially in Oregon. 

But employment in the state appears to be improving, if not surging... it's just not consistent across the state; Southwest Oregon lags behind.

Southern Oregon Economic Forecast

May 21, 2014
Deviant Art/Wikimedia

Economists frequently make predictions about the direction the nation's economy will go. 

Such predictions are harder to come by at the local level. 

But marketing consultant Mark Dennett takes a stab at predicting the pathway ahead of the Southern Oregon economy. 

The Death Of Money

May 19, 2014
Penguin Books

Many of us are still trying to recover from the last financial downturn. 

James Rickards says there's another one on the way. 

Rickards is an investment banker who assesses threats to the financial system, and he says the current threat is a big one. 

Oregon was the top moving destination for 2013, with 63 percent of interstate moves inbound. Oregon had been runner-up for four straight years.

In the new study by United Van Lines, the nation's largest household moving company, Oregon was followed by the Carolinas. South Carolina had the second-highest percentage of inbound moves, then North Carolina. South Dakota was fourth and the District of Columbia fifth.

At the other end, New Jersey repeated as the state with the highest percentage of outbound moves, followed by Illinois, New York, West Virginia, and Connecticut.

Oregon Employment Department

Oregon's unemployment rate is only now dropping to levels last seen before the Great Recession. 

But there's still plenty of room for improvement; thousands of people are either looking for employment or new jobs to replace the ones they have. 

Centers for Disease Control

Most of the buzzing has stopped now, but talks have begun for next year's mosquito season along the Southern Oregon coast.

U. S. Fish and Wildlife Service officials have asked for a budget by December 12th to cover mosquito monitoring and abatement next year at the Bandon Marsh National Wildlife Refuge.

Crab fishers on California's north coast are keeping their boats tied to the dock in an effort to get a higher price from wholesalers.

The Santa Rosa Democrat reports boat captains want more than the $2.50 a pound being offered, saying $3 a pound is being paid to crabbers working fisheries farther south.

Skippers who fish off Mendocino, Humboldt, and Del Norte counties say crabs are expected to be smaller than average this year, so they want a higher price.

Deviant Art/Wikimedia

Democratic Senator Barbara Boxer told reporters today that the federal government shutdown is not hampering the rollout of the Affordable Care Act in California, but it is damaging the state’s economy.

Boxer says some 50,000 of California’s estimated 169,000 federal employees have been furloughed. She called on House Republicans to restart the government immediately with back pay for furloughed workers.

David Shankbone

If you're having trouble keeping up with options available to homeowners facing foreclosure, you're not alone.

A number of programs have come and gone, and Oregon (as of August 4th) is now offering face-to-face mediation sessions between homeowners and the entities seeking to foreclose.

Bringing In The Bringers Of New Business

Sep 16, 2013
SOREDI

Communities are always trying to attract news businesses.  But how do they reach out in the first place?  In some cases, it's a one-step-removed process: they reach out to consultants who advise companies on their options for relocation.

Small Business Help Hits The Road

Sep 6, 2013
State of Oregon

Political leaders often talk about making life easier for small business owners.  Oregon's governor sends people who can help on the road.  The "Governor's Marketplace Roadshow" visits Grants Pass, Klamath Falls and Eugene in the weeks ahead, putting state and federal agency representatives face-to-face with business owners.  You'll hear who attends and what kinds of help they can expect.