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:
Post a Comment