Economy, Business, Finance, and Labor

Economy and business news

Washington State Department of Employment Security

Washington state's above-average unemployment rate hasn't budged since last December. For July, the state’s Department of Employment Security Wednesday again pegged it at 5.8 percent.

Tom Banse / Northwest News Network

A popular getaway destination for Northwest outdoor enthusiasts should be under new ownership by this winter. British Columbia's Whistler Blackcomb ski resort has agreed to a friendly takeover by Colorado-based Vail Resorts.

Alaska Airlines

Alaska Airlines' proposed takeover of rival Virgin America remains on course pending federal approval expected late this year. That's according to Alaska Air Group CEO Brad Tilden. Tilden told Wall Street analysts Thursday that he's still undecided about whether to keep the Virgin America brand alive after the acquisition goes through.

Oregon's Minimum Wage Increases As Of July 1

Jun 30, 2016
Oregon Bureau of Labor and Industries

Tens of thousands of Oregonians will get a raise Friday when the state's minimum wage goes up for the first time in 18 months.

Chris Lehman / Northwest News Network

A newly released report from the left-leaning Oregon Center for Public Policy has found that Oregon corporations today are paying a smaller portion of the state's income and property taxes than they did 40 years ago.

Oregon Bureau of Labor and Industries

Oregon employers have new guidance from the state on how much to pay their employees when the state's minimum wage goes up next month. The Oregon Bureau of Labor and Industries released rules Wednesday meant to clear up one of the questions surrounding the legislatively-approved minimum wage hike.

Friedmutter Group/Spokane Tribe Economic Project

U.S. Interior Secretary Sally Jewell has announced a visit with the Spokane Indian Tribe Thursday. The visit comes as Washington Gov. Jay Inslee has signed off on a plan that includes a casino.

Strong Job Gains Boost Oregon's Revenue Outlook

Jun 3, 2016
Chris Lehman / Northwest News Network

Oregon's economy continues to be strong. That's according to the latest revenue forecast from state economists, which was delivered Friday at the capitol in Salem.

Washington Employment Security Department

The statewide unemployment rate in Washington is not budging despite steady hiring by employers. It's stuck at 5.8 percent in the latest monthly jobs report released Wednesday by the Washington Employment Security Department.

Olympic Runner Puts Body Up For Auction

May 3, 2016
Tom Banse / NW News Network

A two-time Olympian from the Pacific Northwest is renting out part of his body on eBay to make a point about the earning prospects for elite American runners. This week's auction is the latest gambit by outspoken middle-distance runner Nick Symmonds to take on his sport's governing boards.

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