Revised figures show 1,180 more jobs in Jackson County - News - MailTribune.com - Medford, OR

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2014-08-21

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0 of 3 Premium Clicks used this month SUBSCRIBE Print + Online Subscriber Activation  |  Register x Forgot Password | Need an Account? e-edition | subscribe | newsletter | deals Home News Latest Stories Donate food to get a Human Bean discount Old Blue Mountain fire work scaling back Hike up Grayback Mountain with KS Wild Reservoirs rife with boating hazards; no plans to close access Emergency Services Crime, Courts and Emergency Services Emergency Services Old Blue Mountain fire fully lined Bike thieves could face felony charges UPDATED: Medford police cite and release quick-handed cash theft suspect Emergency Services Politics and Elections Commissioner Skundrick plans final four town hall meetings Medford eyes electronic sign visual pollution Medford council veterans plan exit Medical marijuana patients run for council seat Education Logos art teacher recognized High-tech tools Eagle Point equips kindergartners with iPads A test of mettle: GED tests are more rigorous Middle schoolers get a taste of college living Environment Those without senior water rights left high and dry Stressed but off life support Rogue watershed councils plan to merge West Nile Virus found in mosquitoes collected near Central Point State news Nation - World Obituaries Bobby Kieth Spoonts Dan Austin Andress Olive May (Davis) Dooms Harry Miller Christensen Death Notices Weather Photo Galleries Since You Asked Videos Web Cams Mail Tribune 100 Sports Latest Stories Worst to First Worst to First Pan Pacs: Injured Franklin struggles on 1st day Ex-Titans LB Shaw reveals ALS diagnosis Bouchard, Wozniacki upset at Connecticut Open Varsity 541 College Sports SOU ready to show off new look Beavs' Baker passed mandated screenings before collapse Raiders looking for net gains Beavers' Gwacham makes switch to defense Ohio State quarterback done for the season Pro Sports Worst to First Worst to First Ex-Titans LB Shaw reveals ALS diagnosis Peavy pitches Giants past Cubs McIlroy wants strong finish to great year Community Sports Results / Standings Second season a success for Rogues Runners defend titles in Mt. Ashland Hill Climb Locals shine in Dwarf Car Nationals opener Mustangs rout Alaska in opener Business Latest Stories Blog: In the end, you pay for those mega endorsements Iconic Jacksonville toy store forced to reinvent itself Smaller jet boats win in drought year Blog: So how would you define 'solopreneur'? Revised figures show 1,180 more jobs in Jackson County Real Estate News Median residential housing prices rise 10.7 percent, but may begin to level out People In Business People in business Transportation Medford airport has second-best June ever Agriculture Hail has local pear growers checking for damage Opinion Latest Our View: Water law has outlived its purpose George Will: Fed up with cupcake cops Letters to the Editor, Aug. 21 E.J. Dionne: Ferguson divides us less than we imagine Letters to the Editor, Aug. 20 Editorials Our View: Water law has outlived its purpose Our View: Karuks have a head start on casino plans Library keeps a close eye on (financial) books Other Views: U.O. president's abrupt departure invites speculation Parent-teacher conferences can wait a year Letters to the Editor Letters to the Editor, Aug. 21 Letters to the Editor, Aug. 20 Letters to the Editor, Aug. 19 Letters to the Editor, Aug. 18 Letters to the Editor, Aug. 17 Guest Opinions The power of local philanthropy Who I am and why I want to serve on the City Council City council members should be paid Lifestyle Latest stories Community blog: Onion pickles can wait for home-canning lull Community blog:Here�s How To Leave Despair For Resilience Community blog: Biscuits R Us Health officials detect West Nile Virus in another Jackson County sample Cooking outside the box Food Community blog: Onion pickles can wait for home-canning lull Cooking outside the box Cold Cucumber Cream Soup With Tomato Salsa Summer Squash Pasta With Green Goddess Dressing Corn on the cob butter recipes Home and Garden Green Scene: Diagnosing common tomato troubles Lawn talk Tips for keeping backyard birds cool this summer Bath time for the birds: You can help them stay cool and clean Learn to pick produce at the peak of ripeness Health Community blog:Here�s How To Leave Despair For Resilience Health officials detect West Nile Virus in another Jackson County sample Community blog:Doing laundry... Healthy Aging: An udderly unlikely vacation find Community blog:The Unfriendly Skies Hiking Faith Community Blog: Is Peace Possible in the Middle East - Part three of four Religion briefs Community Blog: Is Peace Possible in the Middle East part 2 Religion briefs Community Blog: Peace: The inward passage - by Bonnie Greenwell Milestones and Achievements Medford woman graduates with honors Century Club New Arrivals Wedding: Schulman-Nadolny Stuss-Bones Columnist for a Day Healthy Aging Tempo Latest stories Brian Regan hands out the laughs at Britt Randall Theatre extends 'Godspell' American Idol Live! comes to the Britt Stage 'Pump Boys & Dinettes' opens at Camelot Theatre Annual Xtreme Bike Show and Street Party Theater Randall Theatre extends 'Godspell' 'Pump Boys & Dinettes' opens at Camelot Theatre Film festival kicks off annual 'Daedalus Project' Review: The joy of 'Godspell' is infectious Randall Theatre opens 'Godspell' Music Guitar Circus with Peter Frampton and Buddy Guy Jeff Addicott: A Rogue Valley Experience Brian Regan hands out the laughs at Britt Trombone Shorty & Orleans Avenue at Britt Ashland Blues Society Jam at The Little Brown Jug Community Events Shady Cove Tie Days Swap Meet 'Prints From the Plateau' at the Rogue Gallery Nature Walks in Lithia Park ScienceWorks Hands-on Museum World of Wine celebrates local varietals Dining Kelly's Crepes Basil & Berries India Palace Taco Riendo Tempo Videos Classifieds Jobs Autos Real Estate FEATURED   » Obituaries TV Listings Movie Listings Oregon Outdoors Oregon Healthy Living Magazines & Special Sections NEWS NOW   Old Blue Mountain fire work scaling back       ...       5 Things to Do This Weekend       ...       UPDATED: Medford police cite and release quick-handed cash theft suspect       ...       Old Blue Mountain fire work scaling back       ...       5 Things to Do This Weekend       ...       UPDATED: Medford police cite and release quick-handed cash theft suspect       ...           EMPLOYMENT Revised figures show 1,180 more jobs in Jackson County Seasonally adjusted unemployment figure holds steady at 8.5 percent. By Greg Stiles Mail Tribune MailTribune.com By Greg Stiles Mail Tribune Posted Aug. 18, 2014 @ 4:34 pm Updated Aug 18, 2014 at 4:35 PM By Greg Stiles Mail Tribune Posted Aug. 18, 2014 @ 4:34 pm Updated Aug 18, 2014 at 4:35 PM »  Social News July employment figures released Monday indicate a year-over-year gain of 1,180 nonfarm jobs, thanks in part to a revision by  the Bureau of Labor Statistics. The bureau re-examined quarterly payroll tax filings in Jackson County, which demonstrated stronger first-quarter employment than previously estimated. BLS figures disseminated by the Oregon Employment Department showed the jobless rate held steady last month at 8.5 percent, but was 1 percent below the July 2013 9.5 percent mark. Until now, unemployment figures held steadily primarily because of a shrinking labor force. The new report, however, shows job growth in several sectors. The swing, said Employment Department regional economist Guy Tauer, is readily discernible in the professional and business services sector, which showed a decline of 500-plus jobs year-over-year in its June report. Following input from the payroll tax data, there has been a swing to 150 additional employees from a year ago. "Things were generally stronger in construction and manufacturing as well," Tauer said. "Health care and social assistance was shown to level off, but now it has increased by 220 jobs." BLS samples are thin enough to produce a wide margin of error, he said. Going forward, however, the payroll revisions will occur every quarter instead of annually. "Catching turning points in the economy is the hardest thing in a changing economy," Tauer said. "Revisions can go both ways. Going into the Great Recession, the numbers were revised on the down side." Tim Duy, University of Oregon economics professor and editor of the Oregon Economic Index, said the revisions reflect what he's seen in recent months, but the Rogue Valley economy is far from robust. "Some of those numbers showing negative year-over-year growth didn't quite make sense," Duy said. "That's the good news. The bad news is that the region still seems to be growing at a tepid pace. Whereas, Medford has had 1.6 percent employment growth for the past year, Eugene has been at 3.3 percent, and Bend is exploding again with 5.1 percent employment growth." The difference between Central and Southern Oregon is the kind of people attracted to the region. "The pre-recession dynamic of in-migration for Bend is returning, and the tourism industry is going strong as well," Duy said. Bend benefits from mid-career newcomers contributing to the local economy, while Medford still beckons retirees. "My question is how much of the baby boomers' finances were damaged so that the next wave of retirees doesn't have the same capacity to migrate (to places like Medford) as the previous wave," Duy said. "We're going to start learning about that going forward." He said the revision shows that Medford's manufacturing sector is still intact. "From July 2010, basically the low point of the recession, the region has added almost 1,300 jobs from a low of 6,100," Duy said. "As far as regaining past peaks, the Medford area is one of the strongest areas in Oregon." Leisure and hospitality has also recovered fairly quickly, adding about 1,000 jobs since 2010. Reach reporter Greg Stiles at 541-776-4463 or [email protected]. Follow him on Twitter at www.twitter.com/GregMTBusiness, and read his blog at www.mailtribune.com/Economic Edge.     By Greg Stiles Mail Tribune MailTribune.com By Greg Stiles Mail Tribune Posted Aug. 18, 2014 @ 4:34 pm Updated Aug 18, 2014 at 4:35 PM »  STAY INFORMED   Email NewsLetter   Sign Up Today   Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. calendar Connect with MailTribune.com Facebook Twitter RSS Back to top Reader Services Reader Services Home Subscriptions Subscriber controls Contact us Submissions Photos Events Letters to the editor Corrections Announcements Obituaries Story ideas Since you asked Alerts Email Alerts RSS Feeds Text Alerts Advertise Media Kit Home Products and services Ad rates Advertising contacts Mail Tribune Daily Tidings The Nickel Shop Our Valley Blogs Stay Informed   Email newsletter   Sign Up Today   Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. 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