economy

MEDFORD, Ore. – New unemployment numbers show the damage coronavirus has inflicted upon Oregon’s economy. Currently, more than 266,000 Oregonians are without a job. Unemployment has reached a record high in Oregon going from 3.5% in March to 14.2% in April. Now …

PORTLAND, Ore. — Oregon businesses are still encouraged to apply for a loan the Paycheck Protection Program through the Small Business Association. In a press release Friday, Governor Kate Brown’s office said most of the loans will be forgivable for the majority …

ASHLAND, Ore.– A boutique store in Ashland is officially closing its doors as coronavirus and stay-at-home orders take their toll. Bestow & Bloom, a thriving boutique plant shop, had grown into opening a second store called Bestow last September. On May 1, …

MEDFORD, Ore.– States across the country have begun to reopen in attempts to revive the economy and bring jobs back. Oregon is still shut down but Governor Kate Brown’s office has plans for a phased reopening in the coming weeks. Counties must …

GRANTS PASS, Ore. — While the governor announced some rural areas in Oregon may be able to open back up again in mid-May, businesses are holding their collective breath, hoping to sustain operations. The recently cancelled Boatnik Festival is one of many …

ASHLAND, Ore.– Ashland business owners and the chamber of commerce are developing a strategy to revive the local economy. The idea, a summer series, focused on ashland’s music, food and arts. Governor Kate Brown has indicated the reopening of the economy could …

MEDFORD, Ore.– The U.S. Department of Labor announced unemployment insurance claims hit the 30 million mark nationally in the six week period since jobs began to drop off in mid-March. Last week, the department recorded another 3.87 million claims for unemployment adding …

MEDFORD, Ore.– Oregon is no exception to the massive unemployment numbers. Last week, the Oregon Employment Department recorded an additional 53,800 claims for unemployment. That’s on top of another 243,000. Areas affected the most have been hotels and restaurants but healthcare and …

PORTLAND, Ore. — Governor Kate Brown says re-opening Oregon’s economy depends on fewer cases and scientific data. Gov. Brown discussed her plan for re-opening the Oregon economy in a press conference Tuesday afternoon. She says the re-opening will be slow and preached patience, …

MEDFORD, Ore. – Plans for a third middle school in the Medford School District have reportedly fallen through due to economic uncertainty during the COVID-19 pandemic. In January of 2020, the district decided to buy Cobblestone Village, a business park near the …