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Miscellaneous
Oregon’s Job Growth 16th Fastest Among the States
Oregon had the 16th fastest job growth among the states from January 2018 to January 2019. Adding 29,500 jobs for a growth rate of 1.5 percent, Oregon’s respectable job growth was slower than first ranked Nevada (+3.9%), and neighboring Washington (+2.5%) and Idaho (+2.4%). California ranked 17th with a growth rate of 1.4 percent. Oregon’s job growth rate last year was slightly slower than the
Read MoreOregon’s Unemployment Rate 4.4% in February
Oregon’s unemployment rate was 4.4 percent in February and 4.3 percent in January. Oregon’s unemployment rate has ranged between 4.0 percent and 4.4 percent since November 2016, with the low of 4.0 percent occurring in May, June, and July 2018. The U.S. unemployment rate declined to 3.8 percent in February from 4.0 percent in January.
Oregon’s total nonfarm payroll employment changed little in
Read MoreJanuary 2019 Oregon Statewide Economic Indicators
Below is the University of Oregon State of Oregon Economic Indicators for January 2019. The release date is March 18, 2019. Special thanks to our sponsor, KeyBank Link to full report (with charts) here. The Oregon Measure of Economic Activity… Continue Reading →
Read MoreJanuary 2019 Employment and Unemployment in Oregon’s Counties
Benton County had Oregon’s lowest seasonally adjusted unemployment rate at 3.4 percent in January 2019. Other counties with some of the lowest unemployment rates in January included Hood River (3.5%) and Washington (3.7%). Seven of Oregon’s counties had unemployment rates at or below the statewide unemployment rate of 4.3 percent and the national rate of 4.0 percent.Grant County registered the
Read MoreOregon Adds 11,000 Jobs in January
In January, Oregon’s nonfarm payroll employment grew by 11,000 jobs, following a revised loss of 1,700 jobs in December. Six industries each added at least 1,000 jobs in January. Strong gains in the goods-producing industries topped the list as manufacturing added 2,500 jobs and construction added 1,800. Four other industries added at least 1,000 jobs: retail trade (+1,600 jobs), professional and
Read MorePoverty and the Oregon Workforce
Oregon’s poverty rate edged down in 2017 after a drop of more than 2 percentage points in 2016. In 2017, the share of the population below poverty level was 13.2 percent. Poverty rates in Oregon have tracked pretty smoothly with the national trend over the past decade.
Narrowing the population to just the civilian labor force – which is composed of people over the age of 16 and either employed
Read MoreNew and Emerging Jobs in Oregon: The Latest Trends
The Oregon Employment Department’s occupational employment projections through the year 2027 include the latest trends in new and emerging jobs in Oregon. Projections provide the expected growth rate and annual openings for 724 different occupations from 2017 to 2027. Occupations generally include numerous types of jobs, from old familiar job titles, to new job titles that may not even exist yet.
Read MoreHigher Education and Earnings by Race in Oregon
About 17 percent of Oregon African Americans age 25 or older have a bachelor’s degree, That’s slightly below the share of all Oregonians age 25 or older (21%). Another 12 percent of black residents have a graduate or professional degree, which is roughly the same as the statewide share (13%).Another 37 percent of Oregon’s black residents over 25 have some college or an associate’s degree, a a
Read MoreAfrican American Workers in Oregon’s Workforce
To commemorate and celebrate the contributions to our nation made by people of African descent, American historian Carter G. Woodson established Black History Week. The first celebration occurred on Feb. 12, 1926. For many years, the second week of February was set aside for this celebration to coincide with the birthdays of abolitionist/editor Frederick Douglass and Abraham Lincoln. In 1976, as
Read MoreNovember 2018 Oregon Regional Economic Indicators
Good morning. Below is the University of Oregon Regional Economic Indexes for November 2018. The release date is today February 14, 2019. We thank KeyBank for their generous support of this project. Link to full report here! Oregon Regional Economic… Continue Reading →
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