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Medford's Income Growth Outpaced 91% of US Metros Between 2019 and 2022. What's Behind the Boom? – Oregon Business - Vimarsana News

Medford's Income Growth Outpaced 91% of US Metros Between 2019 and 2022. What's Behind the Boom? – Oregon Business

<strong>The uptick reverses decades of decline, according to Census data.</strong>

Local economist says housing market in JaCo/JoCo is heating up - KOBI-TV NBC5 / KOTI-TV NBC2 - Vimarsana News

Local economist says housing market in JaCo/JoCo is heating up - KOBI-TV NBC5 / KOTI-TV NBC2

ROGUE VALLEY, Ore. —The local housing market has heated up in the past year. Rogue Valley Regional Economist, Guy Tauer, says homes are more expensive, and there are fewer of them for sale in Jackson and Josephine county. He says this is due to the lack of building permits. A shortage of construction workers also contributes to the problem. “Over the past year, we’ve seen home prices spike just another 20 to 22% in Jackson County so just in the past year, the mid-tier price according to Zillow rose from about $331,000 in Jackson County to $383,000,” said Tauer. Tauer says this is all ...

Source: kobi5.com
Employers across the region are struggling to hire enough qualified employees - Vimarsana News

Employers across the region are struggling to hire enough qualified employees

Employers across the region are struggling to hire enough qualified employees Recent data from the Oregon Employment Department shows that underlying wage growth remains in-line with pre-covid trends. Posted: Jun 14, 2021 6:00 PM Posted By: Tyler Ridgle Grants Pass, Ore. -- Employers across the region are struggling to hire enough qualified employees to sustain their businesses. Recent data from the Oregon Employment Department shows that underlying wage growth remains in-line with pre-covid trends. This is in addition to Oregon job openings having returned to pre-pandemic levels, indicating...

Source: kdrv.com
Rogue Valley economist: Some people aren't returning to workforce, despite companies hiring - Vimarsana News

Rogue Valley economist: Some people aren't returning to workforce, despite companies hiring

MEDFORD, Ore. – The Rogue Valley saw an increase in employment in March. According to the Oregon Employment Department, Jackson County saw an increase of over 1,700 jobs in March. In Josephine County, there was an increase of nearly 300 jobs. Both counties saw the biggest increase in the leisure and hospitality industry. Jackson county credits over 1,200 jobs to the industry, there are about 120 jobs in the industry in Josephine County. Despite a large number of employers hiring not everyone is going back to work. According to Worksource Oregon, there are 1,300 job openings in Medford. But...

Source: kobi5.com
Oregon Regional Economist: Employment up 20k jobs in March - KOBI-TV NBC5 / KOTI-TV NBC2 - Vimarsana News

Oregon Regional Economist: Employment up 20k jobs in March - KOBI-TV NBC5 / KOTI-TV NBC2

MEDFORD, Ore. —Oregon added over 20,000 jobs in the month of March. The Oregon Employment Department says employment rose by 20,100 jobs last month. This is Oregon’s largest monthly gain since July. The industry that added the most jobs was, leisure and hospitality with 14,000 jobs. Oregon’s Regional Economist for Jackson County, Guy Tauer says vaccine roll-out and loosened restrictions for businesses are a big factor. “Improving trends and outlook for the pandemic I would say is creating some of that boost in the economy and the job market,” said Tauer. Tauer says around 1,100 posi...

Source: kobi5.com