Thursday, January 22, 2009

Regional Hit

Unemployment: Regional Ripples

Microsoft resorts to first layoffs, cutting 5,000, R & D folks will get the hit and 1500 jobs in WA will be lost today.
OHSU Cuts Jobs To Close $35 Million Budget Hole; up to 1,000 jobs lost in OR
Being 'nice' on bad loans cost Bank of Clark County
Intel plans manufacturing consolidation which will affect up to 6,000 jobs worldwide, that could mean up to 1000 oregon job lost. Intel is the world's largest semiconductor company, with 80 percent of the world's market for microprocessors, the brains of personal computers.

Cowlitz County's unemployment rate hits 11.5 percent in December
WA's unemployment rate jumps to 7.1 percent in December
Oregon's jobless rate hits 9.1%, 23-year high

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