Economy

Economy, Business, Finance & Labor

Karen Richards

In Eugene, eight selected startup companies began a journey toward potential long-term success this week. Thanks to a new public and private collaboration, they'll use the next 12 weeks to create a plan and then implement it.

Oregon's unemployment rate remained flat in June, at 6.8 percent.

The state Employment Department says the construction sector was hiring at record levels earlier this year but didn't hire as many workers last month.

Employment economist Nick Beleiciks says other industries saw gains, including private educational services and health care and social assistance.

bluebook.state.or.us

Vacation property owners and residents in Yachats are looking to find common ground for how to deal with the growing use of vacation rental units. Tuesday, the city council discussed two proposals that stemmed from public forums in May. 

The first proposal limits the number of days in a year property owners could rent to clients; the second would require a $500 rental license fee. Candy Neville is a realtor and property owner in Yachats. She says it's wrong to assume home owners are just renting units to make profits.

Tiffany Eckert

The newest Bottledrop Redemption Center opens in Eugene today (Tuesday,) touting a cleaner, quicker way for consumers to return bottles and cans. Participating grocery stores within two miles of the new center will no longer be required to accept deposit containers. There are mixed feelings about the change.

oregonquarterly.com

The state's economy continues to experience average to above average growth. Desmond O'Boyle reports on the latest economic indicators to come out of the University of Oregon.

City of Eugene

Visitors to Eugene's Parks will see taller, browner grass and have fewer places to go to the bathroom. That's because the city's new budget includes a $300,000 reduction in funding for the Parks and Open Space Division.

The new budget takes effect July 1st. Craig Carnegie is Eugene Parks and Open Space Director:

A new study shows Oregon farmers are more likely to sell product directly to consumers compared to other states. The Census of Agriculture says Oregon ranks 6th in the nation with more than 6,000 farms reporting direct-to-consumer sales. State Board of Agriculture member Barbara Boyer isn't surprised by the findings.

showmetherent.com

An innovative program at Westmoreland Village in Eugene may have positive impacts for families and property managers. Today (Friday) marks the launch of "Uncle Bear."

The program is the brainchild of Amy Price, the resident manager of Westmoreland Village. She was looking for a way to improve community at the 450-unit complex near 16th and Arthur.

Meeting Date: May 30th, 2014
Air Date: June 2, 2014

Last summer, the Oregon legislature approved $3.5 million seed funding for the South Willamette Valley Regional Accelerator and Innovation Network (RAIN). RAIN’s goal is economic development for our area, which is slowly making the transition from a dependence on natural resources to a knowledge-based economy.

Karen Richards

Governor John Kitzhaber was in Eugene today (Wednesday) to sign a “Declaration of Cooperation” for the new regional business accelerator. The document pledges the state's commitment to the project.

The Regional Accelerator and Innovation Network, or RAIN, is a partnership between local universities, communities and businesses. The acronym is appropriate for the area, and for the growth of new ventures. Governor Kitzhaber remarked that Oregonians embrace rain:

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