Job Market Monitor
Oregon
Sanyo / Layoffs vs tax incentives
Five years ago, taxpayers provided more than $42 million in incentives to lure Sanyo Solar of Oregon to Salem. Tax credits, land write downs, grants and other incentives caused corporate decision-makers to look favorably on Salem. With many of those incentives, however, came conditions. Sanyo would have to hire a certain number of workers, pay … Continue reading
Oregon – Schnitzer Steel to cut 300 jobs
Schnitzer Steel Industries Inc. said Tuesday it will cut about 300 jobs as part of a restructuring plan designed to save the company $25 million in annual operating costs. The company also issued earnings guidance for the current quarter well below average Wall Street predictions, blaming lower sale prices for many of its products. Schnitzer … Continue reading
Beaverton School District May Slash Over 300 Jobs
The Beaverton school district would eliminate more than 300 jobs under a budget proposal presented Thursday night at Sunset High School. Beaverton is one of the three largest school districts in Oregon — and it’s facing the largest budget shortfall. Before Beaverton superintendent Jeff Rose got into the budget details, he set the tone. He … Continue reading
Extended UI Benefits Ending In Washington and Oregon
Thousands of long-term unemployed workers in the northwest will soon lose unemployment checks. It’ll happen this weekend in Oregon; two weeks later in Washington State but likely not for several more months in Idaho. The federal government won’t pay for extended benefits anymore because the jobless rates have improved. Washington and Oregon’s employment departments announced that … Continue reading
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