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Economic Indicators
October 2019 Employment and Unemployment in Oregon’s Counties
Benton County had Oregon’s lowest seasonally adjusted unemployment rate at 3.3 percent in October 2019. Other counties with some of the lowest unemployment rates in October included Hood River (3.4%), Washington (3.4%), and Multnomah (3.5%). These four counties had unemployment rates below the national rate of 3.6 percent. Ten of Oregon’s counties had unemployment rates at or below the statewide
Read MoreOregon’s Unemployment Rate Has Stayed Near 4 Percent for Three Years
Oregon’s unemployment rate was 4.1 percent in September and October. The rate has been between 4.0 percent and 4.4 percent for an unprecedented 36 consecutive months dating back to November 2016. The U.S. unemployment rate ticked up from 3.5 percent in September to 3.6 percent in October.
Other measures of Oregon’s labor force also indicated a tight labor market in recent months. Fewer
Read MoreEmployment Among Oregon’s Veteran’s
In 2018, the unemployment rate for veterans in Oregon was 4.8 percent, according to the Current Population Survey. Overall, Oregon’s unemployment rate was 4.2 percent in 2018. Across the U.S., veterans had a lower unemployment rate of 3.5 percent.
About 296,000 veterans lived in Oregon in 2018. More than half of veterans (162,000) were not in the labor force. This figure could be related to
Read MoreSeptember 2019 Oregon Statewide Economic Indicators
This is the University of Oregon State of Oregon Economic Indicators for September 2019. The release date is November 7, 2019. Special thanks to our sponsor, KeyBank Link to full report (with many charts!) here. The Oregon Measure of Economic… Continue Reading →
Read MoreOregon Employment Forecast: Solid Fundamentals, More Uncertainty
The U.S. economic expansion turned 10 years old this summer, making it the longest expansion in recorded history. Locally, Oregon continues to add jobs and our unemployment rate remains at or near record lows. In addition, incomes are rising and initial claims for unemployment insurance (a measure of layoffs) are down. All told, the state’s economy continues to hit the sweet spot. How long will
Read MoreMost Oregon Counties Saw Real Wage Growth from 2008 to 2018
Most of Oregon’s counties had an increase in inflation-adjusted average wages from 2008 to 2018. Overall, the average wage for the entire state increased by $6,026 over those 10 years after adjusting for inflation.
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Read MoreHalloween Fun Facts
Happy Halloween! We’re treating you with some fun facts related to Halloween festivities.
721,290
The 2018 population of Oregonians under age 15 potentially in search of candy asking "trick or treat?"
1,639,970
The number of households statewide (2018) that children might pass by and/or visit while trick-or-treating
59
The number of confectionery and nut stores in Oregon that sold candy and
August 2019 Regional Economic Indicators
Good morning. Below is the University of Oregon Regional Economic Indexes for August 2019. The release date is October 28, 2019. We thank KeyBank for their generous support of this project. Click here to access full report, with charts! Oregon… Continue Reading →
Read MoreThe Mental Health Industry – Open Hearted Folks Helping Minds in Need
In recent years, society has been learning that mental health can be just as important as physical health. Oregon has joined in this trend, evidenced by the strong growth in mental health care workers around the state. Hospitals, clinics, and residential facilities employ thousands of trained mental health workers to help people get better. These jobs often pay better than average wages, but they
Read MoreSeptember 2019 Employment and Unemployment in Oregon’s Counties
Benton County had Oregon’s lowest seasonally adjusted unemployment rate at 3.3 percent in September 2019. Other counties with some of the lowest unemployment rates in September included Hood River (3.4%), Washington (3.4%), and Multnomah (3.6%). Three counties had unemployment rates at or below the national rate of 3.5 percent. Nine of Oregon’s counties had unemployment rates below the statewide
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