Industry Employment – 2016 to 2017 Annual Average Covered EmploymentMay 21, 2018 With data collected by the Oregon Employment Department, it is possible to track employment by the industry that individuals work in. A six-digit industry code is assigned to each employer covered by the unemployment insurance (UI) tax program based on the primary industry that the employer is engaged in. This data is known as “covered” employment.
The most recent figures for 2017 show continued growth in what has become the second longest economic recovery in U.S. history. Between 2016 and 2017, 3,493 jobs were added for the seventh annual average increase in a row. The job growth occurred mostly in the private sector, which added 2,740 jobs, or 2.2 percent, while the public sector gained 307, or 1.2 percent.
There are a few noteworthy industry trends apparent in the 2017 annual average data. In the goods producing sectors, natural resources and mining had the fastest industry growth rate at 8.7 percent while adding 182 jobs. Construction continues to add jobs at a strong pace (+442, 6.9%) from both residential and commercial development. Manufacturing also improved in 2017, adding 333 from small gains in several types of manufacturing.
In the service producing sectors, retail trade (+375) was helped by new recreational marijuana dispensaries. The information sector lost 250 jobs largely in software from published layoffs at Symantec. Professional and business services, which is largely temporary firms and call centers, added 590. Private education and health services added the most jobs of any industry sector with 690, mostly in health care from demand created by an aging population. Leisure and hospitality continues to grow (+358).
In government there were gains in federal government (+52) and state government (+96). There was a gain of 160 in local government where a gain in other local government was countered by a loss of 38 in local education and health services.
More detailed QCEW data is available on our Qualityinfo.org website.