Monday, July 27, 2015

Oregon Recovers Jobs High, Low, and in Between!

Here's a quick graphic of Oregon's continuing jobs expansion.

Early in the recovery from the Great Recession, job gains mainly occurred in lower-wage industries (e.g., food services and drinking places and clothing stores) and higher-wage industries such as hospitals and ambulatory health care services. The mid-wage industries -- which include many types of manufacturing, among other things -- lagged behind in terms of adding back jobs.

As of the fourth quarter of 2014, lower-, mid-, and higher-wage industries all regained the jobs lost during the recession. Oregon's total nonfarm employment also returned to its pre-recession peak in the fourth quarter.

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