COTTAGE GROVE SENTINEL NOVEMBER 22, 2017
11A
Oregon adds jobs this month
Unemployment rate stays mostly the same at 4.3 percent
In October, Oregon's nonfarm payroll employ-
ment rose by 11,600 jobs, following a revised loss
of 1,100 jobs in September. The gain in October
was the largest monthly increase since 14,100
jobs were added in February 2017.
Monthly gains were concentrated in profes-
sional and business services, which added 5,300
jobs, and in leisure and hospitality, which added
3,800. Both of these industries rebounded from
job losses within the prior two months. Three
other industries each added at least 1,000 jobs in
October: other services (+1,400 jobs); manufac-
turing (+1,000); and transportation, warehousing,
and utilities (+1,000). Retail trade cut 900 jobs,
posting the biggest monthly job decline.
The big job gain in October, coupled with
the upward revision to September, considerably
boosted Oregon's over-the-year growth rate. Since
October 2016, Oregon has added 45,000 nonfarm
payroll jobs, which equals an annual growth rate
of 2.4 percent. Construction continues to lead the
way with 9,400 jobs added, equaling 10.3 percent
growth. The second fastest growing industry was
transportation, warehousing and utilities (+3,400
jobs, or 5.6%). Over the past 12 months, fi ve ser-
vice-providing industries each expanded faster
than the overall economy: information (+1,000
jobs, or 3.0%), professional and business services
(+6,800 jobs, or 2.8%), health care and social as-
sistance (+6,200 jobs, or 2.7%), fi nancial activi-
ties (+2,500 jobs, or 2.6%), and leisure and hos-
pitality (+5,000 jobs, or 2.5%). Meanwhile, only
two industries posted declines during that time:
other services ( 900 jobs, or -1.4%) and mining
and logging (-200 jobs, or -2.7%).
Oregon's unemployment rate was essentially
unchanged at 4.3 percent in October from 4.2 per-
cent in September, remaining near the U.S. unem-
ployment rate of 4.1 percent in October.
I
Breakfast
With Santa
Santa is on his way from the
North Pole to cook you breakfast and he wants to
know what is on your Christmas List!
t is easy for small businesses
to get overshadowed by big
box stores and major corpo-
rations — especially during
the holidays when these same
corporations increase their ad-
vertising and online shopping
discounts for Black Friday.
Strategic marketing campaigns
in the last several years have
highlighted the need to “shop
small” and support local busi-
nesses. In fact, Small Business
Saturday has become a form of
shopping “holiday” that occurs
on the Saturday following
Thanksgiving.
No doubt, shopping small is a
big deal.
The History
The “holiday” has a short but
strong history. At not even a
decade old, consumers are em-
bracing the movement and the
philosophies it inspires.
2010: The fi rst Small Business
Saturday was sponsored and
promoted by American Express
in 2010 to encourage people
across the nation to “shop
small” businesses.
2011: This is the year it all
became offi cial, federally
speaking. In 2011, the United
States Senate unanimously
passed a resolution to support
Small Business Saturday.
2012: Consumer awareness
for the campaign soared to 67
percent, with 47 percent of
consumers shopping small that
Saturday, spending a collective
$5.5 billion.
Free
Saturday
December 2
7AM - 11AM
at South Lane Fire & Rescue
233 Harrison Avenue
Cottage Grove
We will be taking donations of
unwrapped new toys for "Toys for Tots"
2013: Neighborhood Champi-
ons made their debut. These are
individuals and local organi-
zations that publicly pledge
support of the shopping holiday
— more than 1,450 in total.
2014: American Express
helped small businesses sell
themselves, supporting their
promotional activities with free
personalized ads, which ap-
peared millions of times across
the Internet. This resulted in
more than $14 billion in sales.
2015: The support continued
to grow strong, with more than
95 million people shopping
small. According to the Small
Business Saturday Consumer
Insights Survey, Americans
spent $16.2 billion at on Small
Business Saturday in 2015
— a 14 percent increase from
the year before. Registered
Neighborhood Champions also
nearly doubled to 4,100 across
the U.S.
2016: More than 250,000 posts
populated Instagram, Twitter
and Facebook in November,
with more than 100,000 on
Small Business Saturday itself.
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Quality Home Furnishings at Low Prices.
Family owned since 1971 • Rob Scoggin • (541) 942-8711 • Fax (541) 942-7181
615 Main Street • Cottage Grove • HomesteadCG.com