Quote:
Originally Posted by Porsche-O-Phile
I went through the last recession (2002-03) in PDX. I learned very quickly that Oregon is NOT the place to be during a recession. Holy hell, I never thought Oregon would be so horrible for jobs...
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Oregon gets us with a double whammy... Poor employment and over-priced housing. Not overpriced compared to California, but definately high. Nasty combination. I think the last employment stats for us in southern Oregon were around 15% unemployment.
Steve's looking at a 1/3 of before tax income pay cut in September. Ouch. That's gonna leave a mark...
angela