Recent Trends Fall is here, and with it typically comes a falling unemployment rate and seasonal hiring in education and retail trade. Although last fall was anything but typical, this year is looking better. The unemployment rate, after doubling in less than a year, stopped its upward trajectory. And the pace of job loss is showing signs of stabilization.
Over the past year, Region 2 lost 44,200 jobs, a decline of over six percent. In comparison, employment is down 4.4 percent nationally. Job losses will likely continue through Published Oct-1-2009 ...more
Unemployment Rates
SEASONALLY ADJUSTED Sep Aug Sep Oregon 11.3% 12.0% 6.8% Portland-Vancouver-Beaverton MSA 11.7% 11.4% 6.1% Clackamas County 10.7% 11.3% 5.7% Columbia County 14.0% 14.6% 7.3% Multnomah County 11.2% 11.7% 6.1% Washington County 10.1% 10.2% 5.4% Yamhill County 12.1% 12.7% 6.4% View All Areas Source: Oregon Employment Department
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Current Employment
TOTAL NONFARM PAYROLL EMPLOYMENT Change from % Change from Sep Aug Sep Aug Sep Aug Sep Oregon 1,624,600 1,619,800 1,724,800 4,800 -100,200 0.3% -5.8% Portland-Vancouver-Beaverton MSA 975,800 971,300 1,036,600 4,500 -60,800 0.5% -5.9% Clackamas County 136,700 137,400 147,200 -700 -10,500 -0.5% -7.1% Columbia County 9,610 9,410 10,900 200 -1,290 2.1% -11.8% Multnomah County 430,100 428,100 457,100 2,000 -27,000 0.5% -5.9% Washington County 232,000 231,500 249,400 500 -17,400 0.2% -7.0% Yamhill County 29,100 27,650 31,610 1,450 -2,510 5.2% -7.9% Source: Oregon Employment Department
Employment and Wages by Industry - Region 2
2008 COVERED EMPLOYMENT AND WAGES Firms Empl. Payroll
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TOTAL 43,053 697,311 $33,354,347,264 Natural Resources & Mining 261 5,469 $155,272,237 Construction 3,740 35,006 $1,889,791,956 Manufacturing 2,033 82,161 $5,413,742,991 Trade, Transportation. & Utilities 8,948 136,986 $6,001,747,303 Information 987 19,726 $1,450,703,871 Financial Activities 4,515 44,150 $2,577,048,182 Professional & Business Services 8,063 101,526 $5,467,370,552 Education & Health Services 4,594 85,909 $3,745,121,706 Leisure & Hospitality 3,945 67,787 $1,281,924,834 Other Services 4,925 26,809 $867,955,999 Private Non-Classified 254 247 $10,789,873 Government 789 91,538 $4,492,877,760 Source: Oregon Employment Department View detailed employment and payroll reports by area:
