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Oregon has a four-year wait for jobs to reach 2008 level, state economist says
January 15, 2011 /
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Oregon will have to wait until 2015 to regain the number of jobs it had at the pre-recession peak, state government’s chief economist predicted Friday.
That’s how long — seven years, from peak to trough and back again — it took the state during the 1980s, Tom Potiowsky told City Club of Portland members Friday. The 1980-82 recession actually hit Oregon harder than the recent so-called great recession, he said, but the recovery will take just as long this time.
By Richard Read, The Oregonian
Full Story: http://www.oregonlive.com/business/index.ssf/2011/01/a_slow_recovery_underway_for_o.html
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Posted in: Oregon Economic Development
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