Mount Bachelor recruits Peruvian students
BEND, Ore. — The competition for
seasonal labor is bringing about 30
Peruvian college students to Mount
Bachelor in a switch from what
would have been their summer vaca
tion in the Southern Hemisphere to
working the northern winter season
at an Oregon ski resort.
The students will work at the
Mount Bachelor ski resort as lift at
tendants, housekeepers, dishwashers
and servers after the resort looked
outside the country for the first time
to recruit employees.
The decreasing supply of service
workers in Bend makes seasonal em
ployees harder for the resort to find,
said Janette Sherman, resort
spokeswoman.
“We are a growing business and
Students
Fly Cheaper
Fares from Eugene:
Los Angeles $188
Denver $188
Dallas $253
Fares from Portland:
Frankfurt $554
Rome $691
Rio de Janeiro $725
FREE t TICKETS
Text “FLY” to 22122
It’s your chance to win one of ten pairs
of roundtrlp tickets to London
Terms: Aft fares are based on roundtrip travel & met a Studentuniverse service fee of $5 Domestic fares mcl a 7 5% US
transportation tax Other taxes & fees vary depending on the itinerary & are not included Fares are valid Mon-Thu with an 8-day
advance purchase A 2 day minimum stay including a Saturday night is required and max stay is 30 days Inti fares are valid Mon
Wed for departures through Nov 15 with an 8-day advance purchase Must purchase by Oct 17 Min. stay is 7 days and max. stay
is 30 days Fares include applicable fuel surcharge as of Sep 20- subject to change Fares are subject to availability/ change without
notice Blackout dates & other restrictions may apply Visit Studentuniverse com for complete rules For contest rules visit
www studentuniverse com/contest. Standard messaging rates apply according to your mobile plan.
A UO CAMPUS ALTERNATIVE
SINCE 1974
a proud member of Unique Eugene
the (entry-level) labor market is
shrinking,” Sherman said. “We also
are in a booming town and as an em
ployer, we are in competition with
other employers in town.”
In the past few years, the number
of service-job openings in Central
Oregon has outpaced the number of
service-job workers, according to Jan
Swander, work force analyst at the
Oregon Employment Department
in Bend.
The employment office currently
has 403 job listings in Bend paying
$7.25 to $8 an hour.
Ski resorts have sought help out
side the United States for years, said
Michael Berry, president of Colorado
based National Ski Areas Associa
tion, but the trend has increased dra
matically in recent years.
But finding seasonal employees
has become more difficult in the past
10 years as the number of entry-level
jobs outpaces the number of avail
able workers, Berry said.
The reasons could include the high
cost of living in resort towns or com
petition from other businesses,
he said.
“This happens in a lot, if not all,
major destination resorts in the re
gion,” Berry said. “Areas and needs
have grown and sometimes the num
ber of people coming to town looking
for seasonal work hasn’t grown in
lock step.”
Ski resorts nationwide recruit glob
ally from places like Poland, Russia,
the Balkans, South Africa, Peru, Ar
gentina, New Zealand and Australia,
Berry said. The foreigners don’t nec
essarily come because they like win
ter recreation, but to earn money and
gain experience.
“Most recruits are college students
in their early 20s looking for oppor
tunities to earn more money in the
United States than they could at
home and then continue their educa
tion when they’re done,” Berry said.
If the program is successful, inter
national hiring may become com
monplace, Bachelor officials say.
The Peruvian students, ranging
from 19 to mid-20s, attend college in
Lima, Peru’s largest city with more
than 8 million people, according to
the U.S. Department of State Web
site. They study a variety of subjects,
including law, travel, translation
and hospitality.
Lima native Estefani Ortecho, 19,
is one of the Peruvian students who
headed north. The engineering and
business management student is ex
cited to work independently for the
first time in a new country.
“I want to improve my English and
experience a new place and culture,”
Ortecho said by telephone. “I’m ex
cited because it’s going to be a
great experience.”
—The Associated Press
Finance: Team makes sound investments
Some members say the group has
impacted their personal investments
as well as their career paths.
“Several of us follow the invest
ment group’s portfolio,” said Leah
Carter, the group’s director of
operations.
Carter, a senior majoring in busi
ness administration, said she began
investing her own money after she
received cash for Christmas one year.
“Rather than spend my money, I
decided to invest so I’d have more
money to spend later,” Carter said.
For students interested in starting
their own investment portfolios,
Carter recommended the services of
stock broker Scottrade (www.scot
trade.com). Opening an account with
Scottrade requires a minimum invest
ment of $500. A Eugene branch is lo
cated in Suite 104, 2350 Oakmont
Way, near the Oakway Center.
People who want to invest in the
stock market should know that they
risk losing money and should decide
how much risk they are comfortable
with, Buell said.
Buell said young investors have
the opportunity to be more aggres
sive than older investors because
their years of peak earning are still
ahead of them.
However, some group members
say aggressive strategies are not re
quired for young investors.
“I plan on being in the stocks that I
buy on a long-term basis,” Carter
said. “I don’t day-trade.”
Carter added that she reviews all of
her stocks on a monthly basis to de
cide whether to increase or decrease
the number of shares she holds.
Buell said one of his investments
has increased in value by 97 percent
since he bought it earlier this year.
Another stock increased by 105 per
cent and a third by 55 percent.
“A lot of them I picked from things
I heard in the investment group,”
Buell said. “Those are very unusual,
exciting results. That’s definitely not
the norm. ”
He added that being in the
investment group helps him make
investment decisions he can feel
confident about.
Buell, a sei ar majoring in finance,
will graduate after this term. In Janu
ary, he will become the vice president
for private client services at MKG Fi
nancial Group.
“This group helped a lot in that
process for ure, for me,” Buell said.
Currently the group has 15 mem
bers, and Buell said it is seeking to re
place 14 longtime members who
graduated this spring.
The admission process is competi
tive, and Buell said weekly meetings
at 8 a.m. Fridays help weed out those
who are more interested in going on
trips than in serious work. Students
of all majors are welcome to apply.
An informational meeting will be
held Thursday at 6 p.m. in 132 Lillis.
Contact the business, science and
technology reporter at
esylwester@ dailyemerald. com
STOCK MARKET BASICS
• A share of stock is a share in the ownership of a company. Companies sell shares of stock to raise money. Owning a share of stock entitles an investor to
a portion of the company’s assets, sometimes paid in cash, more often in stock or property.
• An investor cannot buy a share of stock unless another investor is willing to sell his or her share of that stock. These trades are mediated by stock brokers.
• Stock prices change through supply and demand. If more people want to buy a stock than want to sell it, the price of the stock increases and vice versa.
Demand for a company’s stock is often affected by the strength of the company’s earnings.
• To make money in the stock market, buy shares of a stock when the price is low and sell the shares after the price increases.
Source: lnvestopedia.com (www.investopedia.com/university/stocks)
IRC: New 'meeting place for the world'
providing access to international
news, officials said the IRC hopes to
further integrate the University with
the international cc
“We call it a ‘meeting t
world,’” Mills said.
or the
Sonja Rasmussen, IRC programs co
ordinator, said the facility serves an es
sential purpose in the lives of interna
tional students and in the health of the
University.
“It is vital to the larger mission of
the University: education and global
citizenship,” she said.
Contact the higher education reporter
jbailey@dailyemerald. com
!■ . v'l
BASIC MATH.
2 Giant 16"
1-topping pizzas
Between 6
people
■ in
• n
person
For less than $3°° a person, you can
feed 6 people the best pizza in town!
1809 Franklin Blvd. 484-2799
TRACK TOWN PIZZA
Buy any pizza and get a
second one-topping pizza
of the same size free.
Do the math. Use the coupon
EXPIRES 10/31/05 • NOT VALID WITH ANY OTHER OFFER