Northwest Oregon Economic Update Northwest Oregon Works June

  • Slides: 27
Download presentation
Northwest Oregon Economic Update Northwest Oregon Works June 26, 2020 By Erik Knoder and

Northwest Oregon Economic Update Northwest Oregon Works June 26, 2020 By Erik Knoder and Shawna Sykes Oregon Employment Department Workforce and Economic Research Division

Though claims spiked at more than 300, 000, number now dropping as people return

Though claims spiked at more than 300, 000, number now dropping as people return to work

The trend will probably be a slow, fluctuating decline.

The trend will probably be a slow, fluctuating decline.

Younger workers are hit harder, due in part to industries affected…

Younger workers are hit harder, due in part to industries affected…

Claims continue to spread across industries, but restaurants and lodging still lead.

Claims continue to spread across industries, but restaurants and lodging still lead.

Focus on Northwest Oregon Benton County Clatsop County Columbia County Lincoln County Tillamook County

Focus on Northwest Oregon Benton County Clatsop County Columbia County Lincoln County Tillamook County

• Northwest Oregon had about 22, 000 processed UI claims (excluding self employed)

• Northwest Oregon had about 22, 000 processed UI claims (excluding self employed) from March 15 to June 20, more than twice the total claims for all of 2019 (10, 204). • There were 103, 670 (seasonally adjusted) nonfarm payroll jobs in Northwest Oregon in March. That fell by 18, 380 (-18%) in April, then by another 490 jobs in May. (preliminary). • Employment change is uneven. Benton and Tillamook lost jobs in May. Clatsop was unchanged. Columbia added some and Lincoln added 680 jobs. • The peak number of unemployed in Northwest Oregon during the Great Recession was 13, 135. (11. 7% Unemployment rate, May, 2009). Current number of unemployed 46% higher at 19, 156.

Most job losses are probably over.

Most job losses are probably over.

Every county had a record high rate in April.

Every county had a record high rate in April.

Focus on Clatsop

Focus on Clatsop

The recession is probably over. NWO added 290 jobs in May on a not

The recession is probably over. NWO added 290 jobs in May on a not seasonally adjusted basis. The number of unemployed in NWO dropped by 1, 524 in May. Oregon’s payroll employment grew 1. 8% in May. Only four counties remain in Phase 1.

Working at Home

Working at Home

According to a National Study, Only About 29% of Workers Could Work From Home

According to a National Study, Only About 29% of Workers Could Work From Home

For more economic information, call : Erik Knoder, Regional Economist Email: Erik. A. Knoder@Oregon.

For more economic information, call : Erik Knoder, Regional Economist Email: Erik. A. Knoder@Oregon. gov Cell: 541 -351 -5595 Shawna Sykes, Workforce Analyst/Economist Email: Shawna. L. Sykes@Oregon. gov Cell: 503. 396. 7355 Visit our web site at: www. Quality. Info. org Get the latest workforce and economic research delivered to your inbox! Sign up at our web site under Publications. Join the conversation: Oregon. Employment. blogspot. com Twitter@Or. Employment

Northwest Oregon Economic Update Northwest Oregon Works AprilNorthwest Oregon Economic Update Northwest Oregon Works April
Northwest Oregon Economic Update Northwest Oregon Works JanuaryNorthwest Oregon Economic Update Northwest Oregon Works January
Northwest Oregon Economic Update Northwest Oregon Works OctoberNorthwest Oregon Economic Update Northwest Oregon Works October
Northwest Oregon Economic Update Northwest Oregon Works AugustNorthwest Oregon Economic Update Northwest Oregon Works August
Works Cited Works Cited Works Cited Works CitedWorks Cited Works Cited Works Cited Works Cited
Vx Works What is Vx Works Vx WorksVx Works What is Vx Works Vx Works
Balance Sheet Recessions Oregon Economic Forum Portland OregonBalance Sheet Recessions Oregon Economic Forum Portland Oregon
Association of Oregon Recyclers Seaside Oregon June 7Association of Oregon Recyclers Seaside Oregon June 7
Economic Growth Vs Economic Development Economic growth EconomicEconomic Growth Vs Economic Development Economic growth Economic
Update from Oregon Wildlife Linkage Workshops 2007 OregonUpdate from Oregon Wildlife Linkage Workshops 2007 Oregon
Economic Update Market Overview BREB Economic Update forEconomic Update Market Overview BREB Economic Update for
Northwest ISD Education Foundation Northwest ISD Board ofNorthwest ISD Education Foundation Northwest ISD Board of
Northwest ISD Education Foundation Northwest ISD Board ofNorthwest ISD Education Foundation Northwest ISD Board of
NORTHWEST TERRITORY AND NORTHWEST ORDINANCE WHEN THE UNITEDNORTHWEST TERRITORY AND NORTHWEST ORDINANCE WHEN THE UNITED
Northwest Wind Integration Action Plan Jeff King NorthwestNorthwest Wind Integration Action Plan Jeff King Northwest
NAVFAC NORTHWEST Naval Facilities Engineering Command Northwest ProgramNAVFAC NORTHWEST Naval Facilities Engineering Command Northwest Program
Region 10 RRT Northwest Area Committee Meeting NorthwestRegion 10 RRT Northwest Area Committee Meeting Northwest
THE NORTHWEST ORDINANCE of 1787 THE NORTHWEST ORDINANCETHE NORTHWEST ORDINANCE of 1787 THE NORTHWEST ORDINANCE
Welcome to Northwest Plants Northwest Indian College ENVSWelcome to Northwest Plants Northwest Indian College ENVS
Welcome to Northwest Plants Northwest Indian College ENVSWelcome to Northwest Plants Northwest Indian College ENVS
Arctic Mining Northwest Alaska Northwest Arctic Borough TopicsArctic Mining Northwest Alaska Northwest Arctic Borough Topics
THE NORTHWEST ORDINANCE of 1787 THE NORTHWEST ORDINANCETHE NORTHWEST ORDINANCE of 1787 THE NORTHWEST ORDINANCE
Pacific Northwest Salmon Pacific Northwest Salmon There isPacific Northwest Salmon Pacific Northwest Salmon There is
Northwest Coast Cultural Group Mrs Naville Northwest CoastNorthwest Coast Cultural Group Mrs Naville Northwest Coast