Category Business
Rent growth slowing in Salem as more apartments open
Business leaders presented data on the state of Salem’s economy at the annual SVN Economic Forum, including the region’s housing growth and interest from tech companies in locating data centers in the area.
Review of payrolls shows higher hourly pay but lower overall earnings under farmworker overtime law
An Oregon law passed in 2022 to phase in overtime pay for farmworkers has led to higher farmworker wages, but a new study shows hours are being scaled back to avoid overtime pay.
Salem Public Library event offers free help Thursday to file taxes
On Thursday, Feb. 20, volunteer tax experts will come to the Salem Public Library to help people file their taxes IRS Direct File and Direct File Oregon. The online filing options are free for qualifying taxpayers.
Oregon needs to build 29,500 more homes each year, chief economist says
Housing is most needed in the Willamette Valley and Portland area, Oregon's chief economist told lawmakers.
A shortage of building inspectors threatens to upend Oregon’s housing goals
Code and building inspectors are a crucial but often overlooked part of the construction industry. Salem inspectors and developers say a statewide shortage is making their work challenging.
Oregon labor bureau prioritizes wage claims of lower-paid workers, stage set for big budget ask
Lawmakers and advocates express mixed reactions to a state labor policy, which Oregon's labor commissioner says is critical to reduce backlogs that leave workers without pay for months.
Macy’s to lay off 56 employees as it closes downtown store
In a state labor filing, Macy's said it would eliminate 56 jobs as it closes its Salem Center store in March.
Macy’s confirms plans to close 64 stores in 2025, including downtown Salem
Macy’s announced Thursday it would begin clearance sales for the Salem Center Macy’s this month and close this spring. The building is owned by local investors who plan to remodel it into a shopping and entertainment destination and keep the attached parking garage.
Downtown Salem Macy’s to close, ending 70-year department store history
An investment group including the owners of the Salem Center Mall has purchased the Macy’s property and intends to renovate it into a hub of smaller retail stores and entertainment downtown.