Pages

Tuesday, May 14, 2019

Oregon Adds 3,300 Jobs in April

Oregon’s total nonfarm payroll employment rose 3,300 in April, following a gain of 6,500 jobs in March. Monthly gains were strongest in health care and social assistance and in leisure and hospitality, which each added 1,000 jobs. Several other major industries added at least 500 jobs: manufacturing (+700 jobs), government (+600), and construction (+500). Only one major industry shed a substantial number of jobs: professional and business services dropped 1,000 jobs.

 Looking at longer-term trends, Oregon’s economic growth appears to have accelerated. Since April 2018, total payroll employment is up 48,200 jobs, or 2.5 percent. Job gains were relatively weak, averaging 2,300 per month, during mid-2017 through mid-2018. More recently, job growth has averaged 5,400 jobs per month since September 2018. The most rapid gains over the past year were in transportation, warehousing, and utilities (+4,900 jobs, or 7.6%) and construction (+7,000 jobs, or 6.7%). Job gains were widespread, with six other major industries adding between 2.3 percent and 3.5 percent to their jobs base in the past 12 months.


Full press release is available here

No comments: