Oregon Labor Market Information System
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Oregon Business Employment Dynamics: Second Quarter 2013
by Ken Lux
Published Apr-22-2014

 
The seasonally adjusted number of gross job gains in Oregon's private sector remained virtually unchanged in the second quarter of 2013, declining by a mere 34 jobs from 99,441 to 99,417. During the same period, gross job losses increased by 1,475 to 85,962, compared with 84,487 in the first quarter of 2013. The result of these changes was a seasonally adjusted net employment gain of 13,455 jobs in the second quarter of 2013. While this is a lower net employment change compared with the first quarter 2013 (13,455 vs. 14,954), it is a significantly larger second quarter net employment increase when compared with second quarter 2012.

All but two of the major industry sectors posted net job gains during the second quarter of 2013. Construction, leisure and hospitality, professional and business services, manufacturing, and retail trade all registered in excess of 1,500 net jobs gained. Information and educational and health services registered net job losses of 1,041 and 684 jobs, respectively.

From the second quarter of 2012 to the second quarter 2013, construction, leisure and hospitality, and professional and business services led all other industry sectors in the count of net jobs gained. Other sectors, such as retail and wholesale trade, also posted a significant improvement in the number of jobs in those sectors even though the numbers were lower than the previous year. Transportation and warehousing, and financial activities, while not posting significant increases in the number of jobs gained between the first and second quarters of 2013, did perform better than a year ago where the net change was a loss of jobs in those sectors.

Data on the quarterly gross job gains and losses come from the Business Employment Dynamics program at the U.S. Bureau of Labor Statistics. A more detailed Business Employment Dynamics Report is available at www.QualityInfo.org on the Publications page in the News box.

Graph 1
Net change in jobs by industry sector Oregon 2nd Quarter 2012 and 2013