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Read MoreLast week, state economists confirmed what Oregon Business & Industry and our members have been experiencing for several weeks now: The COVID-19 pandemic has hit the private sector incredibly hard. Indeed, economists noted that the current COVID-19 recession is the worst since the Great Depression.
...Read MoreToday, state economists confirmed what Oregon Business & Industry (OBI) and our members have been experiencing for several weeks: Oregon is experiencing a severe recession that will have long-term negative impacts, including severely reduced public services, if the state doesn’t immediately begin to focus on how it can support Oregon businesses in bringing back lost jobs.
...Read MoreOn Thursday, April 23, the Oregon Supreme Court issued a ruling that Multnomah County’s campaign contribution limits do not violate the Oregon Constitution.
...Read MoreIn new data released Thursday, April 16, the Oregon Employment Department stated that more than 300,000 Oregonians have been laid off with about 54,000 in the past week alone. That translates to roughly 1 in 7 Oregonians.
...Read MoreOur state is known for its local produce, diverse cuisine and top-notch chefs. The economic fallout of COVID-19 has hit them especially hard. The Portland Business Journal’s Jonathan Bach spoke to several in the restaurant industry about their unique experiences and how they’re handling the crisis.
...Read MoreIn coordination with the governors of Washington and California, Oregon Gov. Kate Brown announced on Tuesday, April 14, that she will be taking a science-based approach as she decides how to lift her Stay Home, Save Lives executive order and reopen Oregon business.
...Read MoreThis week, the Oregon Employment Department reported it received a total of 269,900 unemployment claims in a three week period as a result of the COVID-19 crisis. By comparison, the state saw net job losses of 147,800 jobs in the entirety of the Great Recession.
...Read MoreIn light of Gov. Brown’s announcement on Wednesday, April 9, that she would be extending K-12 and postsecondary school closures through the remainder of the school year, and that districts should be putting their Student Success Act spending plans on hold, OBI joined with dozens of other business associations to again ask for a delay in the implementation of the Corporate Activity Tax.
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