Oregon Coast Has Larger Share of Self-Employed than StateMay 23, 2018
According to the U.S. Census Bureau’s American Community Survey, the Oregon Coast has a larger share of self-employed (16%) than Oregon as a whole (12%). This includes those who are self-employed in both incorporated and unincorporated businesses.
Pete Gimre of Gimre’s Shoes in Astoria, grew up working in the family business and after returning home from college, he enjoyed it so much that he eventually transitioned into managing and owning the business. According to Pete, self-employment has some great benefits. You have much more independence and flexibility with your time and decision-making.
His advice to those thinking about starting a business is, “You have to put your heart and soul into it to make it successful, not treat it like a hobby. You definitely need a good accountant, a good banker, and enough capital to make it work. I think the key is to surround yourself with great people who share your goals, values, and vision for the business.”
Of the estimated 81,000 working on the Oregon Coast (includes Clatsop, Coos, Curry, Lincoln, Tillamook and coastal portions of Lane and Douglas counties), about 64 percent work in private, for-profit businesses compared with 69 percent statewide. Another 9 percent work in private non-profit firms, the same share as Oregon. Local, state and federal government employs 16 percent of Oregon Coast workers while only 14 percent of Oregon workers statewide work for government.