Recent Trends The economy has stabilized somewhat in Region 2 (Multnomah and Washington counties). The over-the-year change in jobs bottomed out in the early fall of 2009 and has slowly improved, although it still remains negative. Some industries returned to following typical seasonal trends, while a few others are struggling.
Over the year, Region 2 shed 17,000 jobs. Over the past two years, the area is down nearly 62,000 jobs; a decline of 8.7 percent. Two industries - construction and manufacturing - account for more than Published Jul-1-2010 ...more
Unemployment Rates
SEASONALLY ADJUSTED Jul 2010 Jun 2010 Jul 2009 Oregon 10.6% 10.5% 11.4% Portland-Vancouver-Hillsboro MSA 10.4% 10.0% 11.0% Clackamas County 10.0% 9.6% 10.6% Columbia County 11.8% 11.6% 13.5% Multnomah County 10.0% 9.5% 10.8% Washington County 9.1% 8.4% 9.6% Yamhill County 10.3% 10.4% 11.1% View All Areas Source: Oregon Employment Department
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Current Employment
TOTAL NONFARM PAYROLL EMPLOYMENT NOT SEASONALLY ADJUSTED Change from % Change from Jul 2010 Jun 2010 Jul 2009 Jun 2010 Jul 2009 Jun 2010 Jul 2009 Oregon 1,591,600 1,613,900 1,601,600 -22,300 -10,000 -1.4% -0.6% Portland-Vancouver-Hillsboro MSA 948,200 958,200 963,400 -10,000 -15,200 -1.0% -1.6% Clackamas County 133,800 135,400 137,000 -1,600 -3,200 -1.2% -2.3% Columbia County 9,320 9,860 9,570 -540 -250 -5.5% -2.6% Multnomah County 417,800 422,800 424,500 -5,000 -6,700 -1.2% -1.6% Washington County 227,400 229,900 231,900 -2,500 -4,500 -1.1% -1.9% Yamhill County 27,760 28,910 28,260 -1,150 -500 -4.0% -1.8% Source: Oregon Employment Department
Employment and Wages by Industry - Region 2
2009 COVERED EMPLOYMENT AND WAGES Firms Empl. Payroll
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TOTAL 42,901 655,739 $31,503,781,392 Natural Resources & Mining 272 5,125 $142,078,042 Construction 3,463 28,554 $1,562,833,719 Manufacturing 1,992 72,954 $4,817,896,869 Trade, Transportation. & Utilities 8,834 126,921 $5,586,263,373 Information 983 17,700 $1,298,405,598 Financial Activities 4,265 42,439 $2,459,309,119 Professional & Business Services 8,173 92,958 $5,072,060,423 Education & Health Services 4,802 86,548 $3,818,017,479 Leisure & Hospitality 4,025 64,550 $1,222,464,042 Other Services 5,087 25,511 $821,663,470 Private Non-Classified 215 145 $7,416,179 Government 791 92,336 $4,695,373,079 Source: Oregon Employment Department View detailed employment and payroll reports by area: