Oregon’s unemployment rate dropped to 4.3 percent in January, from 4.5 percent in December. This was the lowest unemployment rate since comparable records began in 1976. Revised figures show Oregon’s unemployment rate has been on a declining trend over the past seven years. Outside of the past 12 months, the only other time, over the past forty years, that Oregon’s rate reached below 5 percent
The December 2016 Oregon Regional Economic Indicators was released today. Full report is available here. We thank KeyBank for their generous support of this project. Regional economies in Oregon posted mixed numbers in December. Highlights of this month’s report include: For all regions,… Continue Reading →
Happy birthday Oregon, and happy Valentine’s day to our readers! Because we love numbers and holidays (and candy), today we will share some Valentine’s Day stats with you.
30.2 and 27.9
The median age of Oregon men and women at first marriage in 2015.
The percentage of Oregonians 15 and older who were married in 2015.
The number of Oregonians ages 15 and over in
The December 2016 State of Oregon Economic Indexes of was released today. Full report is available here. We thank KeyBank for their generous support of this project. Oregon finished out 2016 on a solid note. Highlights of this month’s report include: The Oregon measure of economic activity… Continue Reading →
Old-World Tradition With A Country Attitude. Far from any city, Taylor’s Sausage founded a family business on a solid country attitude that has earned it a big star on the region’s […]
Oregon businesses had 50,800 job vacancies at any given time in 2016. That’s an increase of 5 percent from 48,100 in 2015. Most job openings were for full-time and permanent positions. As unemployment remained near record lows in 2016, employers faced challenges finding workers. They reported difficulty filling 64 percent of vacancies, most often citing a lack of applicants.
Health care and
Oregon’s economic expansion endures, albeit it at more subdued pace. This doesn’t come as a surprise, as the red hot job growth of recent years was unsustainable over the long run. Monthly growth decelerated from an average of about 5,000 jobs in 2015 to 3,000 in the final quarters of 2016 as Oregon’s economy approached full employment and felt the effects of a strong U.S. dollar and weak global
Jackson County enjoyed its fifth consecutive year of payroll employment growth. Momentum has been gaining the past three years. Job growth rates increased from 2.3 percent in 2014 to 3.1 […]
The November 2016 Oregon Regional Economic Indicators was released today. Full report is available here. We thank KeyBank for their generous support of this project. Oregon’s local economies held strong as the end of 2016 approached. Highlights of this month’s report include: For all regions,… Continue Reading →
In 2015, Oregon had a per capita personal income (PCPI) of $43,783. The PCPI ranked 29th in the United States and was 91 percent of the national average, $48,112, according to the U.S. Bureau of Economic Analysis. In Oregon, the 2015 PCPI increased by 5.0 percent from 2014, faster than the nationwide PCPI growth rate of 3.7 percent. In 2005, Oregon’s PCPI was $32,421 and ranked 32nd in the United