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George Noorey
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George Noorey
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Business News


Markets finished essentially flat yesterday after three days in rally mode.  Today it is jobs report Friday and we learn the economy added 192,000 jobs in March, both January and February were revised upward.  Governments shed 9,000 jobs and the private sector added 201,000 jobs.  As of March the private sector has regained the 8.8 million jobs lost during the Great Recession. (Reuters)

Americans complain about working too much yet they only take half their vacation time each year. The average US worker gets 10 days of vacation and 9 paid holidays.  That is on par with Canada and Japan, but much smaller than the 30 days of vacation in France and 28 days in the UK.  (Harris Interactive)

Family owned Seneca Jones Timber of Eugene is showing corporate courage in bidding on a tract of timber in the Elliott State Forrest.  Money from the sales goes to the common school fund.  Environmental extremists have threatened bidders for the land with endless lawsuits to stop management of the ground and to reduce the money that would be generated for schools. (Oregon Live)

Northwest Pipe Company has sold its “oil country tubular goods” division to a Texas company for $42.7 million.  The company says the move will allow them to concentrate on their water pipe division and its growth.  The stock was down 23 cents in yesterday’s trading. (Market Wired)
 

 

Traffic & Weather

 

 

 

King Solomon Lane closed between Ferguson Road and King David. (7/25)

 

Jones Road, full road closure between Bennington Lane and NE Butler Market Road. May 18 – August 18, local access only.
 

Oregon State University off-site improvements for intersection reconstruction, July 11 – August 3,    7 a.m. – 4:30 p.m., at intersection of Chandler Avenue and Yates Drive.

 

Orion Drive closed in two locations for sewer work; at the intersection with Avery Lane and between Desert Woods Drive and King Hezekiah Way.  From July 11 to Sept. 6. Detours marked.

 

Valhalla Sewer Relocation Project, Mt. Washington Drive at Shevlin Park Road intersection and North to Regency Street. Nighttime closures with detours marked during roundabout construction. Daytime closures for construction towards Regency Street.    7 p.m. – 7 a.m., July 11 – November.

 

R.A.B. Construction:

 

Murphy Road and Parrell Road closed with detours. (9/30)

 

Powell Butte Highway at Neff and Alfalfa Market Roads (8/31)

 
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