The study confirms what others have said about the prevalence of new jobs and the absence of increasing wages.
The study confirms what others have said about the prevalence of new jobs and the absence of increasing wages.
“We can expect full employment by 2017,” the economist John Tapogna, President of ECONorthwest, told the Portland Tribune. “Portland usually takes a deeper dive into recession and a steeper path out of it.”
However, Portland’s median household income is still $4,400 below its pre-recession peak in 2008. (Today it hovers just under $60,000.) Tapogna added, “Employers haven’t been forced to give raises yet.”
Read more at the Portland Tribune.
