Oregon has lost 6,700 jobs in the last 3 months

From the Conservative Majority Project News Blog

University of Oregon Index of Economic Indicators Shows Fewer Jobs for Oregonians

“Oregon's economy shed jobs for the third consecutive month in May as nonfarm payrolls fell by 3,700, pulling job growth down to just 0.3 percent compared to May 2007. The three-month job loss total now stands at 6,700; consistent with incoming housing data, construction is the hardest hit sector, suffering from a decline of 9,400 jobs since last July. Initial unemployment claims continue to hover around a weekly average of 8,000, indicating continuing weakness in labor markets, while Oregon help-wanted advertising continues to decline.”
(University of Oregon Index of Economic Indicators, May 2008 Analysis, Oregon Economic Forum)

Yet just last month Democrat Majority leader Dave Hunt said:
“We have been fiscally smart… and conservative. We’ve made the right investments and our economy is holding steady.”
(House Majority Leader Dave Hunt, Statement: Hunt Responds to Republicans: The Sky is Not Falling, 6/27/2008)

By the Numbers: Democrats’ Fiscal ‘Conservatism’ in 2007

• 20 Percent - Increase in state government spending
• $620 Million - New taxes and fees (despite record state revenue)
• $923 Million - New state debt (again, despite record state revenue
• 1,178 - New state employees added to state payroll
• $12 Million - Pay raises to Gov. Kulongoski’s political appointees
• $20 Million - Pay raises to appease the unions—who were upset about the political appointees’ pay raises

And don't forget that Dave Hunt thinks he is going to get a three fifths majority in the House.

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