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A drop in the unemployment rate to a two-year low sent the Dow Jones Industrial Average to a new 2011 high today. The Labor Department said the unemployment rate fell to 8.8%, the lowest since March 2009, as companies added workers at the fastest two-month pace since before the recession began. Troy Reinhart with Northwest Quadrant Wealth Management, in Bend: "People continue to feel better about the economy. It’s the jobs sector, we added 230,000 private sector jobs and lost 14,000 government jobs so things are moving in the right direction so investors feel good about it today.” Reinhart said if we didn't have unrest in the Middle East and Japan right now the market would probably be even higher.

 

 

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Traffic & Weather

 

 

 

 

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

 

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.

 
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