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Portland-Vancouver-Hillsboro,%20OR-WA%20Metropolitan%20Area Employment Analysis

( Data Date : August 2017 )

Oregon Employment Data

Located in the West region of the U.S., the Beaver State has made the transition from a resource-based economy to a more diversified manufacturing and marketing economy, with an emphasis on high technology, as exemplified by semiconductor production. Thriving tech development in Portland and other cities will remain a job magnet, along with health care and food services. However, rural Oregon counties have been generally left out of the shift to a new economy. (Source: Oregon Secretary of State)

 

State/Metropolitan Employment Data:

Portland-Vancouver-Hillsboro,%20OR-WA%20Metropolitan%20Area Unemployment Rate Trends (% change)


  • The unemployment rate in the Portland-Vancouver-Hillsboro,%20OR-WA%20Metropolitan%20Area, metro area was 4.2% in August 2017, 0.1% higher than last month, and lower by 0.3% from a year ago.

  • Compared to national and state unemployment rates, the Portland-Vancouver-Hillsboro,%20OR-WA%20Metropolitan%20Area, metro area unemployment rate in August 2017 was lower by 0.2% than the U.S. rate of 4.4%, and lower by 0.3% than the Oregon state unemployment rate of 4.5%.

  • Total employment in the Portland-Vancouver-Hillsboro,%20OR-WA%20Metropolitan%20Area, metro area declined by 3.3% (12176 more persons employed) over the past quarter, and increased by 4.5% ( 709925 less ) over the past year.

  • The Portland-Vancouver-Hillsboro,%20OR-WA%20Metropolitan%20Area, metro area has an employable civilian labor force (employed + unemployed persons age 16 and older) of 1,326,903 persons.

  • The Portland-Vancouver-Hillsboro,%20OR-WA%20Metropolitan%20Area, metro area labor force shrunk by 1.3% (32533 persons) over the past quarter, and shrunk by 2.7% (35477 persons) over the past year.

  • Current Rate
    Last Year
    Last QTR
    Last Month
    Difference Since Last Quarter
    4.2%
    + 4.5%
    - 3.3%
    - 4.1%
    + 12176


    %95.76 of the Total Labor Force is Employed.


    Employment information is based on data provided by the U.S. Bureau of Labor Statistics (BLS).

    Graphs and charts are based on monthly data from 2000 to present (BLS reports monthly data a month to six weeks after the close of each month).

    The data MuniNet Guide uses and presents is seasonally adjusted.