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Slowest job growth rate in five years

January 16, 2018 --

2017 in Review: Job Growth Slows as Unemployment Reaches Record Low

Oregon Workforce and Economic Information

Oregon’s job growth slowed in 2017 to its slowest rate in five years. The slowdown wasn’t caused by employers needing fewer workers. This slowdown seems to be the result of employers struggling to find enough workers to fill their vacancies, which is limiting the amount of job growth.

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Is the labor market full?

January 15, 2018 --

The Labor Market Will Remain Tight

by Josh Lehner

Oregon Office of Economic Analysis

The labor market is tight. Difficulty finding (and retaining) workers is the biggest challenge many businesses face today. Whether or not the economy is truly at full employment is largely an academic issue*. In practice, we’re essentially there. This is especially true in Oregon relative to much of the country. However, that also does not mean the labor market cannot get tighter, or it cannot become more challenging to find workers. Furthermore, the tight labor market is expected to remain until the next recession hits and the cycle starts anew. That said, the tight market today is really the result of two different, and independent cycles coming to a head.

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Avoiding financial headlines

January 11, 2018 --

Business New Year’s Resolution: Skip The Financial News

by Bill Conerly

Businomics Blog

In the depths of the last recession, I met a business person who had just had the most productive six weeks in his career. It was hard to believe, so I asked how he had done it. “I stopped watching the news,” he told me. Skipped Fox and CNN, skipped online news feeds, ignored the physical newspaper, except for sports. “I acted like customers could benefit from our services. I sold them on the value of our services. I didn’t get caught up in the gloom and doom of the news.”

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Legislative Days to focus on Cap-and-Trade

January 10, 2018 --

Cap-and-Trade, Tax Policy Highlight Legislative Day Agendas

The Oregon Prosperity Project 

Hearings during January Legislative Days this week will provide a preview of legislation likely to receive the most attention during the 35-day 2018 Session, which starts February 5.

The highest-profile legislation during the Session likely will be an attempt to create a Cap-and-Trade program modeled after legislation in California. Senator Michael Dembrow (D-Portland) and Representative Ken Helm (D-Beaverton) this week unveiled

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New rules for overtime in Oregon

January 9, 2018 --

BOLI Publishes Final Rules for Daily & Weekly Overtime in Oregon

By Nicole Elgin

Barran Liebman

Oregon’s Bureau of Labor and Industries (BOLI) published its final rules on daily and weekly overtime relating to manufacturing establishments. These rules govern Oregon’s House Bill 3458 that clarifies Oregon’s overtime pay requirements for those employed in mills, factories, manufacturing establishments, canneries, driers, and packing plants.

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$4 gas in Oregon expected from Carbon Tax

January 8, 2018 --

By Taxpayer Foundation of Oregon,

Oregonians could soon be paying $4 or more for a gallon of gas if  lawmakers pass cap-and-trade in the next year.

Just before Christmas, Oregon lawmakers unveiled an outline of their plan to impose a cap-and-trade program on the state. Sponsors of the program hope to turn their proposal into law during the 35 day legislative session beginning in early 2018.

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Upcoming bill would tax tech industry

January 4, 2018 --

Oregon Democrats outline 2018 carbon pricing plan

Oregonians For Food and Shelter

Oregon lawmakers this week released an overview of a carbon cap and pricing plan they want the Legislature to pass during the six-week session that starts in February.

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Tax Reform Bonus: Southwest, NetFlix, 10 others

January 3, 2018 --

By Taxpayer Association of Oregon Foundation,

The landmark tax reform bill passed by Congress has already started reaping benefits even before it’s provisions take effect. The bill, which will reduce taxes for 80 percent of Americans and dramatically lowered tax rates for Corporations and other businesses, became effective January 1, 2018. Here are some of the benefits already announced based on the tax cuts:

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Oregon and Washington opt in to FirstNet

January 2, 2018 --

Governors Brown and Inslee Announce Decision to Opt In to FirstNet

Oregon Gov. Kate Brown and Washington Gov. Jay Inslee announced that their states have chosen to opt in to the First Responder Network Authority (FirstNet) and AT&T to deliver a wireless broadband network to the states’ public safety community. Oregon and Washington opened a competitive process earlier this year to ensure the unique needs of the Pacific Northwest’s public safety agencies were met.

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