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MailTribune.com
  • Oregon foreclosures jump from 395 to 566 in March

  • Foreclosures jumped in March in Jackson County and the rest of the state.
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  • Foreclosures jumped in March in Jackson County and the rest of the state.
    Gorilla Capital of Eugene said foreclosure filings increased dramatically in the markets its tracks in March. It was the third consecutive month filings have increased in the 20 counties monitored by the company.
    Overall, foreclosure filings increased to 566 in March, compared to February's 395.
    In Jackson County there were 48 court foreclosures, compared with 19 in March, and seven non-judicial filings, up from six.
    Gorilla Capital said the mediation process begun in fall 2013 has run its course in many cases.
    Statewide, 474 court foreclosures were filed in March compared with 295 in February and 284 in January, while non-judicial filings remained relatively constant, with 92 compared with 99 in February and 87 in January.
    SALEM — Oregon employers are reporting 10,000 more job vacancies than they had a year ago and more trouble finding the right candidates, leading to higher wages, according to a report released Monday by the Oregon Employment Department.
    The number of unemployed Oregonians also is falling. With more vacancies and fewer jobless workers, there are now four people unemployed for every job vacancy, down from eight a year ago, according to data from the quarterly job vacancy survey of employers.
    Employers reported nearly 33,000 job vacancies this winter. Nearly all of the 10,000 additional vacancies were attributed to companies with fewer than 100 employees. The concentration of vacancies at smaller employers was unusually pronounced, Nelson said.
    Many of the smaller employers with job vacancies were in the construction, retail and natural resources industries, suggesting people are opening more small stores and independent construction contractors are hiring more help, she said.
    Employers reported having difficulty filling 54 percent of jobs, up from 39 percent last winter. As a result, the average wage offered was up 74 cents from a year ago, to $16.05.
    Compiled from staffand wire reports
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