12-09-2019  6:52 pm   •   PDX Weather    •   SEA weather  
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NORTHWEST NEWS

Black Food Professionals See Opportunities to “Scale Up” in School Cafeterias and on Store Shelves

Two Portland women are addressing disparities in the local food scene with Ethiopian and Haitian flavors, ingredients

Portland Fire Chief Sara Boone Climbing Historic Ladders

In 1995, Boone was the first African American woman hired by Portland Fire & Rescue; this year she became its first African American Chief

Christmas Tree Shopping is Harder Than Ever, Thanks to Climate Change and Demographics

For Christmas tree farms to survive, shoppers will need to be more flexible

November Holiday Travel at PDX Brings More Comfort, Convenience and Furry Friends

If you’ve not been to Portland International Airport in a few months, you’re in for some surprises.

NEWS BRIEFS

EPA Approves Funding for Oregon and Washington to Improve Drinking Water, Wastewater Infrastructure

States estimate $190 million for wastewater, $35 million for drinking water projects in Oregon, and $120 million for...

Conservation Breakthrough for Endangered Butterfly

The Oregon Zoo's breeding success provides new hope in an effort to save Oregon silverspots ...

Meet 80 Local Authors at OHS 52nd Holiday Cheer Book Sale and Signing

This free Oregon Historical Society event will be held this Sunday, December 8 from 12 p.m. – 4 p.m. ...

Need for Blood Doesn’t Stop for Holidays – Donors Needed

Those who come to give through Dec. 18 will receive a Amazon.com Gift Card ...

North Carolina Court Decision Upholds Removal of Confederate Monument

Lawyers argued that the monument was installed at the end of Reconstruction to further the false “Lost Cause” narrative,...

Person dies when travel trailer catches fire, explodes

ALFALFA, Ore. (AP) — One person died when a travel trailer caught fire and exploded east of Bend, authorities said.KTVZ-TV reports Crook County deputies were sent shortly after 9 a.m. Sunday for a welfare check on someone living in the trailer near Alfalfa, according to Sheriff John...

Portland police release names in officer shooting of man

PORTLAND, Ore. (AP) — Police have released the name of the officer who shot and killed a man Sunday afternoon outside a coffee shop on Portland's southeast side. The Portland Police Bureau said Monday that Officer Justin Raphael shot the man while Officer Daniel Leonard used less lethal...

LSU's Burrow, Auburn's Brown named AP SEC players of year

LSU quarterback Joe Burrow is a unanimous selection as the offensive player of the year on The Associated Press All-Southeastern Conference football team.The top-ranked Tigers also have the SEC’s coach of the year in Ed Orgeron and the newcomer of the year in freshman cornerback Derek...

AP Source: Mizzou hiring Appalachian State's Eli Drinkwitz

KANSAS CITY, Mo. (AP) — Missouri reached an agreement Sunday with Eliah Drinkwitz to take over the Tigers' once-proud football program, a person with knowledge of the hiring told The Associated Press, making Appalachian State's successful coach the second-youngest in a Power Five...

OPINION

Will You Answer the Call for Moral Revival?

In embracing and expanding the legacy of Dr. Martin Luther King, Jr., Revs. Barber and Theoharis have asked Presidential candidates to consider a debate that focuses exclusively on poverty ...

What I’m Thankful For This Season

Ray Curry gives thanks for a human right that shaped our country throughout the 20th century and that made Thanksgiving possible for so many Americans who, like him, didn’t get here by way of the Mayflower ...

Congressional Black Caucus Members Visit U.S.-Mexico Border: “Mistreatment of Black Immigrants is Another ‘Stain on America’”

Members said they witnessed first-hand the deplorable treatment and plight of Black immigrants ...

Portland, I'm Ready

Last month I had the privilege to stand with hundreds of supporters and announce my intention to run for re-election ...

AFRICAN AMERICANS IN THE NEWS

Jury selection starts for trial in college student's killing

UPPER MARLBORO, Md. (AP) — Jury selection began Monday for the trial of a white man charged with a hate crime in the fatal stabbing of a black college student on the University of Maryland’s campus.Jurors are expected to hear opening statements for Sean Urbanski’s trial later...

Nevada third to vote, still up for grabs for 2020 Democrats

LAS VEGAS (AP) — Nevada won its coveted early date in the presidential primary because it was supposed to offer Democrats something different.It’s more racially diverse than the two states that weigh in earlier, Iowa and New Hampshire. Its population is young, working class, largely...

Black church believed to be oldest in US finishes repairs

SAVANNAH, Ga. (AP) — A 160-year-old church believed to be the oldest black church in the United States and built by enslaved Africans has been restored to a version of its former glory.A fresh coat of paint covers the freshly carpeted First African Baptist Church in Savannah, Georgia, which...

ENTERTAINMENT

‘Benson,’ ‘Star Trek’ actor René Auberjonois has died at 79

LOS ANGELES (AP) — René Auberjonois, a prolific actor best known for his roles on the television shows “Benson” and “Star Trek: Deep Space Nine” and his part in the 1970 film “M.A.S.H.” playing Father Mulcahy, has died. He was 79. The actor died...

Broadcast TV shut out of Globe nods, Netflix edges HBO

NEW YORK (AP) — The Golden Globe TV nominations were most striking not for what they included, but what they didn't: The traditional broadcast networks were completely shut out in all 55 nominations.It was a crowning moment for Netflix, and not just for the jeweled one on Queen Elizabeth's...

Golden snubs and surprises, including little 'Cats' love

NEW YORK (AP) — Some Golden Globe nominations seemed like locks: Joaquin Phoenix, Tom Hanks, Adam Driver and Eddie Murphy. But others were shocks, like Lupita Nyong'o not getting a nomination for “Us.” Other notable snubs and surprises:MEN ONLYOnly men made the best director...

U.S. & WORLD NEWS

Strasburg, Nationals reach record 5M, 7-year deal

SAN DIEGO (AP) — Stephen Strasburg returned to the Washington Nationals with a record contract on the first...

George Laurer, inventor of ubiquitous UPC, dies at 94

WENDELL, N.C. (AP) — George J. Laurer, whose invention of the Universal Product Code at IBM transformed...

Broadcast TV shut out of Globe nods, Netflix edges HBO

NEW YORK (AP) — The Golden Globe TV nominations were most striking not for what they included, but what...

China claims everyone in Xinjiang camps has 'graduated'

BEIJING (AP) — People who were at vocational training centers in China's far west Xinjiang have all...

Michelle Obama promotes girls education in Vietnam school

LONG AN, Vietnam (AP) — Former U.S. first lady Michelle Obama spoke to students at a school in southern...

Intl journalist group: fewer media staff killed this year

BRUSSELS (AP) — Deaths among journalists killed in the line of duty are lower this year, but a journalism...

McMenamins
Paul Wiseman AP Economics Writer

WASHINGTON (AP) -- Strong second-quarter earnings from McDonald's, General Electric and Caterpillar on Friday are just the latest proof that booming profits have allowed Corporate America to leave the Great Recession far behind.

But millions of ordinary Americans are stranded in a labor market that looks like it's still in recession. Unemployment is stuck at 9.2 percent, two years into what economists call a recovery. Job growth has been slow and wages stagnant.

"I've never seen labor markets this weak in 35 years of research," says Andrew Sum, director of the Center for Labor Market Studies at Northeastern University.

Wages and salaries accounted for just 1 percent of economic growth in the first 18 months after economists declared that the recession had ended in June 2009, according to Sum and other Northeastern researchers.

In the same period after the 2001 recession, wages and salaries accounted for 15 percent. They were 50 percent after the 1991-92 recession and 25 percent after the 1981-82 recession.

Corporate profits, by contrast, accounted for an unprecedented 88 percent of economic growth during those first 18 months. That's compared with 53 percent after the 2001 recession, nothing after the 1991-92 recession and 28 percent after the 1981-82 recession.

What's behind the disconnect between strong corporate profits and a weak labor market? Several factors:

- U.S. corporations are expanding overseas, not so much at home. McDonalds and Caterpillar said overseas sales growth outperformed the U.S. in the April-June quarter. U.S.-based multinational companies have been focused overseas for years: In the 2000s, they added 2.4 million jobs in foreign countries and cut 2.9 million jobs in the United States, according to the Commerce Department.

- Back in the U.S., companies are squeezing more productivity out of staffs thinned out by layoffs during Great Recession. They don't need to hire. And they don't need to be generous with pay raises; they know their employees have nowhere else to go.

- Companies remain reluctant to spend the $1.9 trillion in cash they've accumulated, especially in the United States. They're unconvinced that consumers are ready to spend again with the vigor they showed before the recession, and they are worried about uncertainty in U.S. government policies.

"Lack of clarity on a U.S. deficit-reduction plan, trade policy, regulation, much needed tax reform and the absence of a long-term plan to improve the country's deteriorating infrastructure do not create an environment that provides our customers with the confidence to invest," Caterpillar CEO Doug Oberhelman said.

Caterpillar said second-quarter earnings shot up 44 percent to $1.02 billion- though that still disappointed Wall Street. General Electric's second-quarter earnings were up 21 percent to $3.76 billion. And McDonald's quarterly earnings increased 15 percent to $1.4 billion.

Still, the U.S. economy is missing the engines that usually drive it out of a recession.

Carl Van Horn, director of the Center for Workforce Development at Rutgers University, says the housing market would normally revive in the early stages of an economic recovery, driving demand for building materials, construction workers and appliances. But that isn't happening this time.

And policymakers in Washington have chosen to focus on cutting federal spending to reduce huge federal deficits instead of spending money on programs to create jobs: "If we want the recovery to strengthen, we can't be doing that," says Chad Stone, chief economist at the Center on Budget and Policy Priorities.

For now, corporations aren't eager to hire or hand out decent raises until they see consumers spending again. And consumers, still paying down the debts they ran up before the recession, can't spend freely until they're comfortable with their paychecks and secure in their jobs.

Said Van Horn: "I don't think there's an easy way out."

© 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.

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