Economy, Business, Finance, and Labor

Economy and business news

Oregon Office of Economic Analysis

Oregon's economy is still going "full throttle." That was the word Wednesday from state economists as they unveiled the latest forecast of state revenues.

Chris Lehman / Northwest News Network

Religious leaders gathered at the Oregon capitol Monday to urge lawmakers to increase the state's minimum wage. It came as activists are gathering signatures to try to force a statewide vote next year.

Tom Banse / Northwest News Network

Bellingham, Washington-based Haggen mushroomed in size at the beginning of 2015 by acquiring 146 grocery stores across the West from Boise-based Albertsons and Safeway. Those two chains had to unload stores to gain federal approval to merge.

WSDOT / Flickr

There’s a surprise newcomer to the campaign for a higher minimum wage in Washington. It’s the state’s restaurant association.

https://upload.wikimedia.org/wikipedia/commons/a/a3/Ovnshall_aluminium_Mosj%C3%B8en.JPG
Jarle Vines Jarvin / Wikimedia Commons

Alcoa’s decision to idle two aluminum plants in Washington comes just months after state lawmakers renewed tax breaks for the company.

Google

Alcoa announced Monday it will curtail major parts of its aluminum operations in Wenatchee and Ferndale, Washington. The move will likely leave hundreds of people looking for work.

Oregon voters could see competing minimum-wage initiatives on their 2016 ballot. A group that favors a hike to $13.50 per hour kicked off their signature gathering campaign Monday.

Austin Jenkins / Northwest News Network

The state employment departments in Oregon and Washington are organizing 'rapid response' teams to help nearly 1,000 grocery workers facing mass layoff.

REC Silicon

Solar company REC Silicon Tuesday warned of big layoffs at a factory in central Washington if a trade dispute between the U.S. and China drags on much longer.

Oregon Bureau of Labor and Industries

Minimum wage workers in Oregon won't see a pay raise next year. State Labor Commissioner Brad Avakian announced Wednesday that Oregon's minimum wage will hold steady for the first time since 2010.

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