Employment

The U.S. Census Bureau recently started the Annual Business Survey to supplement its once-every-five-years Economic Census survey of business owners. The results of both efforts provide insightful information about business ownership by gender, race, and ethnicity not available through any other source. Majority of Firms Are Male-Owned In 2020, the…

Finding a job is easier if you know where the employers are. The Employer Database tool on QualityInfo.org can help with this. This tool provides information about over 300,000 businesses in Oregon, Washington, Idaho, and Northern California. The Employer Database can be searched in two ways: By employer name By industry There…

The poverty rate across the U.S. reached 12.8% in 2020 and 2021, up from 12.3% in 2019. Prior to the pandemic, poverty had been falling incrementally since 2012. Oregon’s poverty rate was 12.2% in 2021, up from 11.4% in 2019. Poverty rates in Oregon have tracked pretty smoothly with the…

Oregon’s unemployment rate rose to 4.1% in October from 3.8% in September and was above the recent low of 3.5% reached in May, June and July. October was the first month Oregon’s unemployment rate was above 4% since January, when the rate was 4.2%. Meanwhile, the U.S. unemployment rate rose…

The unemployment rate for veterans in Oregon was 3.3% in 2021, according to the Current Population Survey. The unemployment rate for nonveterans was 5.3% in the same period. In the U.S. more broadly, veterans had a higher unemployment rate than their Oregon counterparts at 4.4%. About 259,000 veterans lived in…

Employment in printing and related support activities has been on the decline since the late 1990s. Advances in digital technology have contributed to the decline in two important ways: first, by changing the marketplace the industry operates in as options to deliver information become more diverse; and second, by improving…

A not-for-profit corporation, commonly referred to as a “nonprofit,” is organized to achieve a purpose other than to generate a profit. These entities qualify for federal tax exempt status and must reinvest any surplus revenues into efforts that further the mission of the organization. They are prohibited from passing profits…

Interest rate rises As expected, the Federal Reserve last week raised its benchmark rate by another 0.75%, to a range of 3.75% to 4%, the highest level in 15 years. According to Realtor.com, the 30-year benchmark rate dipped slightly but is still hovering around the 7% mark and is likely to push higher in the near…

By Lynn WallisOregon Employment Department Workforce AnalystClackamas County The nation’s total nonfarm employment has now returned to pre-pandemic levels, even though not all industries have recovered all of the jobs lost during the COVID recession in spring 2020. During the recession, the nation lost 20.7 million jobs from February to…