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The California Lutheran University Center for Economic Research and Forecasting releases its 4th quarter Economic Forecast today. 

 

The report indicates that while Oregon’s job growth is improving, and wages are significantly stronger, there was almost 8,000 jobs lost in September, making an almost 6% annual job loss.

 

The report also calls the job growth "bipolar" because while more businesses are established; the number of jobs available is weak because of the types of industry: Intel and server-farms like Facebook, that traditionally need fewer employees.

 

The report states they don't see Oregon jobs reaching their pre-recession high for several more years.

 

CLU CERF Executive Director Bill Watkins will present their findings today here in Bend at the Deschutes County Building at 9 am. 

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  • North 3rd St >< Division and O.B. Riley Rd, single lane N-Bound (6/15-8/30)
  • South 3rd St >< Wilson and Reed Ln, single lane closures South Bound 5a-2p (8/30)
  • Construction at 27th Street . Northbound Lane Closed from Ferguson to Bear Creek.  Detour in place.
  • O.B. Riley Road South-bound lane closed south of Mervin Samples Rd (12/17)
  • Butler Market East-bound lane closed E of 4th St. for sewer construction. (12/17)