Prime Working-Age Workers Make up Over Two-Thirds of Covered Employment in the Portland Tri-County AreaAugust 9, 2018
The Portland Tri-County area includes Clackamas, Multnomah, and Washington counties. Covered employment reached nearly 975,000 in June within the tri-county area. This was a 1.5 percent increase in employment from a year ago.
More than two-thirds (68%) of covered employment workers in the Portland area were of prime working age (25 to 54 years) in 2017; this compared with 65 percent, statewide. Older workers (55 and older) made up 21 percent of covered employment and young workers (14 to 24 years) made up 7 percent.
Changes in Age Groups
The age groups with the highest growth rate in the last seven years included workers aged 25 to 34 (3.9%) and workers aged 35 to 44 (5.0%).
These two age-groups mostly fall within the “Millennials” generation, which are people generally defined as 24 to 38 years.
According to the Pew Research Center, Millennials became the largest generation in the U.S. labor force in 2016 with more than one out of three American labor force participants are in this age group.