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Oregon gains 4,000 jobs in May as unemployment rate holds at 4.2% for fourth straight month

SALEM, Ore. (KTVZ) — Oregon’s seasonally adjusted nonfarm payroll employment rose by 4,000 jobs in May, following a revised gain of 2,400 jobs in April, as the state’s jobless rate held steady at 4.2% for the fourth straight month, the Oregon Employment Department reported Thursday.  Health care and social assistance gained 1,900 jobs in May, while leisure and hospitality added

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Nurseries and greenhouses, cattle and calves still top Oregon’s latest list of top 20 agricultural commodities

SALEM, Ore. (KTVZ) — The Oregon Department of Agriculture has released its 2024 Top 20 Commodities Posters and Agricultural Statistics Brochures, based on values and estimates from the 2022 crop year. Oregon’s nursery and greenhouse industry remains the leading agricultural commodity in the state, with a value of $1.22 billion in 2022. Cattle and calves

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‘With the most heartfelt sadness,’ The Phoenix Restaurant in NE Bend says it’s closing soon after nearly 15 years in business

BEND, Ore. (KTVZ) – A popular northeast Bend dining spot, The Phoenix Restaurant, announced “with the most heartfelt sadness” late Monday that it will be closing soon, after nearly 15 years in business. “There were many factors in this decision,” the restaurant said in its Facebook page post: “rising costs, lease negotiations, new ventures, but

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Great Outdoors Month: Outdoor recreation seen as ‘big economic multiplier’ for Oregon

BEND, Ore. (KTVZ) –June is Great Outdoors Month, which also underscores the importance of outdoor recreation in Oregon. As temperatures warm up, people are enjoying nature. Five years ago, Congress designated June Great Outdoors Month to highlight the trove of outside opportunities across the nation. With a half dozen national park sites also state parks, Oregon

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Middle market companies’ optimism surges; small businesses the opposite, Umpqua Bank Business Barometer says

LAKE OSWEGO, Ore., (KTVZ) – Umpqua Bank, a subsidiary of Columbia Banking System, Inc. (Nasdaq: COLB), released Thursday the findings of its annual Business Barometer, an in-depth study into the mood, mindset and strategic priorities of small and middle market businesses across the U.S. For the first time in its six-year history, the study shows a widening

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Travel Oregon reappoints Visit Central Oregon as regional destination management organization through 2032-33

SUNRIVER, Ore. (KTVZ) — Visit Central Oregon has been reappointed by Travel Oregon to serve as Central Oregon’s official Regional Destination Management Organization (RDMO), both organizations announced last week during the Oregon Tourism Commission meeting held in Medford. The decision renews Visit Central Oregon’s role as RDMO—which the organization has performed since 2006—through fiscal 2032-33.

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Oregon Employment Dept. announces 2024-25 minimum, maximum weekly unemployment and paid leave benefits

SALEM, Ore. (KTVZ) — The Oregon Employment Department announced Thursday the 2024-25 minimum and maximum weekly benefit amounts for Unemployment Insurance and Paid Leave Oregon.By law, the department calculates the minimum and maximum benefit amounts once a year. These calculations are based on Oregon’s State Average Weekly Wage and are generally effective from July 1

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