THE BOEING COMPANY AND OREGON TECH ANNOUNCE NEW COLLABORATION IN KLAMATH FALLS

Nov. 11, 2022, KLAMATH FALLS, Ore. – On Tuesday, The Boeing Company (Boeing Commercial Airplanes) and Oregon Institute of Technology (Oregon Tech) signed an agreement to develop a Collaboration Lab at Oregon Tech’s Klamath Falls campus, which would provide a secure environment for Oregon Tech students completing projects for Boeing. Boeing Production Engineering Manager Stan L. Carr…

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A Few Words from Jim – November 2022

Jim Teece Head Shot

This month is mostly about employment. It’s top of mind for me. The subject comes up at every meeting I attend. The Oregon Employment Department always has great articles on employment that we can all learn from. I’m reposting several of the most recent and relevant in this months journal.  Hunter Fiber is rolling out…

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Award-Winning Oregon Internet Service Provider Announces Fastest Residential Speeds to Date While Growing into New Markets

Hunter Communications announces 2.5G/2.5G internet, nearly twice as fast as other area ISPs Oct. 26, 2022 /PRNewswire/ — Today, Hunter Communications announces its fastest internet speed to date, 2.5G/2.5G. This offering makes Hunter the only service provider in its territory to offer fiber-to-the-home internet speeds this high.  The capabilities that 2.5G symmetrical speeds offer are crucial to future progress. Modern advancements like the…

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Faster Internet Oregon Launches Statewide Broadband Mapping

A grassroots partnership is working to identify broadband gaps in Oregon and encourage more equity in the distribution of broadband funding A partnership of Oregon Economic Development Districts, Onward Eugene, SpeedUpAmerica, and Link Oregon launches today as Faster Internet Oregon, a statewide speed test campaign and broadband mapping effort that invites Oregonians to test and…

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Employment among Oregon’s Veterans

The unemployment rate for veterans in Oregon was 3.3% in 2021, according to the Current Population Survey. The unemployment rate for nonveterans was 5.3% in the same period. In the U.S. more broadly, veterans had a higher unemployment rate than their Oregon counterparts at 4.4%. About 259,000 veterans lived in Oregon in 2021. The American…

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Technology Reduces Employment in the Printing Industry

Employment in printing and related support activities has been on the decline since the late 1990s. Advances in digital technology have contributed to the decline in two important ways: first, by changing the marketplace the industry operates in as options to deliver information become more diverse; and second, by improving productivity so the industry needs…

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Task Force Busts Black-Market Marijuana Grow; Destroys 16k Plants; Watermasters Discover One Million Gallons Water Used Illegally, Code Enforcement Issues $180k Fine

IMET Case 22-7347 Illegal Marijuana Enforcement Team (IMET) detectives served a search warrant on a marijuana grow site near the 9000 block of Hillcrest Road east of Medford.  The property contained approximately 16,827 illegal cannabis plants in 87 “hoop-style” greenhouses, taking up 5 1/2 acres of the property. Jackson County Sheriff’s Office (JCSO) deputies, Oregon…

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Oregon’s Nonprofits in 2021

A not-for-profit corporation, commonly referred to as a “nonprofit,” is organized to achieve a purpose other than to generate a profit. These entities qualify for federal tax exempt status and must reinvest any surplus revenues into efforts that further the mission of the organization. They are prohibited from passing profits on to those who control…

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Positive employment news

Interest rate rises As expected, the Federal Reserve last week raised its benchmark rate by another 0.75%, to a range of 3.75% to 4%, the highest level in 15 years. According to Realtor.com, the 30-year benchmark rate dipped slightly but is still hovering around the 7% mark and is likely to push higher in the near term. Source: Realtor.com (November 2021) “After the…

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PBCO Financial Corporation Reports Q3 2022 Earnings

PBCO Financial Corporation (OTC PINK: PBCO), the holding company (Company) of People’s Bank of Commerce (Bank), announced today its financial results for the 3rd quarter 2022.   Highlights The Company reported quarterly net income of $3.0 million, or $0.59 per diluted share, for the 3rd quarter of 2022 compared to net income of $2.7 million, or $0.53…

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Business Oregon Announces Team Leading Oregon’s Japanese Representative Office

 Continuing a forty-year presence in Japan, Business Oregon announces its new representative to lead Oregon’s Japanese Representative Office and represent the state of Oregon’s business and trade interests in Japan. Masao Kumori will lead Oregon’s team in Japan. Masao has worked with more than 70 major Japanese companies on global investment opportunities and represented North…

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