The latest news of interest to multifamily housing investors in Oregon and Washington.
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Tuesday, September 3, 2013
10 Months of Continued Employment Gains in Salem Metro
The State of Oregon Employment Department reports that the Salem metro area (including Marion and Polk counties) saw employment increase in July for the 10th month in a row. Construction added 700 jobs (an 11 percent increase); in addition to construction an additional 1,700 jobs were added in the private sector, largely in the accommodation and food services.
Government jobs declined steadily beginning in the summer of 2010 but recorded slight gains in May, June and July.