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Economic Indicators
Truck Transportation in Oregon Holds Steady at 18,800 jobs in 2018
Oregon’s truck transportation industry leveled off in 2016, averaging 18,800 jobs, ending a six-year, post-Great Recession growth spurt. The industry’s employment held steady in both 2017 and 2018. At its 2006 pre-Great Recession peak, truck transportation averaged 19,700 jobs. Truck transportation hit bottom in 2010 with 16,500 jobs, leaving a gap of 3,200, or 16 percent, to fill.
Based on 2006
Read MoreA Look Back at Minimum Wage Jobs in 2018
Between July 1, 2018 and July 1, 2019, Oregon’s minimum wages were $12.00 per hour within the Portland urban growth boundary, $10.75 standard, and $10.50 in nonurban counties. Roughly 7.5 percent of all jobs paid minimum wage or less in Oregon in the third quarter of 2018.The share of jobs paying minimum wage ranged from a low of 3.5 percent in Morrow County (279 jobs) to a high of 12.3 percent
Read MoreOregon’s Minimum Wage Increases July 1, 2019
Oregon’s minimum wage increases on July 1, 2019, but the raises won’t be the same across the state. The minimum wage increases to $12.50 per hour inside the Portland urban growth boundary, $11.00 per hour in nonurban counties, and $11.25 in other areas of the state.Oregon’s three minimum wages will be in the top nine state-level minimum wages in the nation. The highest minimum wage will be in the
Read More2019 Oregon Wage Data
The 2019 version of the Oregon Employment Department’s annual summary of occupational wage information is now available. Thanks to survey responses from employers around the state, wage scales for over 700 job categories have been calculated. Regional wage information is also available; however, wages are published only for those occupations that meet certain criteria for statistical reliability.
Read MoreApril 2019 Oregon Statewide Economic Indicators
This is the University of Oregon State of Oregon Economic Indicators for April 2019. The release date is May 31, 2019. Special thanks to our sponsor, KeyBank Link to full report (with expanded charts!) here. The Oregon Measure of Economic… Continue Reading →
Read MoreOregon’s Current Workforce Gaps
Oregon’s private employers had 58,000 job vacancies at any given time in 2018. They reported a majority of them (33,000 or 57%) as difficult to fill. In a mature economic expansion with unemployment rates at or near historic lows for two years, a lack of applicants posed the greatest challenge to businesses filling job vacancies.
Nine out of 10 difficult-to-fill job vacancies could be
Read MoreHigh Tech Employment Totals 91,000 in 2018.
The core high-tech industry is a crucial and dynamic piece of Oregon’s economy. Core high-tech industries are defined as industries with a concentration of STEM employment at least five times higher than the national average for all industries. In December 2018, private-sector employment in core high-tech industries reached 92,634, and those employers paid more than $893 million in wages to the
Read MoreMarch 2019 Oregon Regional Economic Indicators
Good morning. Below is the University of Oregon Regional Economic Indexes for March 2019. The release date is May 21, 2019. We thank KeyBank for their generous support of this project. Link to full report here! Regional measures of economic… Continue Reading →
Read MoreApril 2019 Employment and Unemployment in Oregon’s Counties
Benton County had Oregon’s lowest seasonally adjusted unemployment rate at 3.3 percent in April 2019. Other counties with some of the lowest unemployment rates in April included Washington (3.5%) and Hood River (3.6%). Only Benton, Washington, and Hood River counties had unemployment rates at or below the national rate of 3.6 percent. Eight of Oregon’s counties had unemployment rates below the
Read MoreApril 2019 Employment and Unemployment in Oregon’s Counties
Benton County had Oregon’s lowest seasonally adjusted unemployment rate at 3.3 percent in April 2019. Other counties with some of the lowest unemployment rates in April included Washington (3.5%) and Hood River (3.6%). Only Benton, Washington, and Hood River counties had unemployment rates at or below the national rate of 3.6 percent. Eight of Oregon’s counties had unemployment rates below the
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