Wholesale trade delivers high-paying jobs

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Monday, October 01, 2007

With more than 80,000 jobs, employment in Oregon’s wholesale trade industry is at an all-time high. All three industry components contributed to the sector’s 3.6% job growth between 2005 and 2006. Recent notable growth occurred among wholesale traders acting as agents and brokers for others, as well as among wholesalers acting on their own behalf.  Products they bought and resold include motor vehicles, lumber and wood products, metals, construction equipment, industrial machinery, recyclable materials, groceries, and beer and ale. These are valuable jobs; average pay per worker was $58,313 in 2006, compared with $38,057 for all industries. Workers earn the most in the smallest component of wholesale trade, electronic markets and agents and brokers, earning $76,753 in 2006. Wholesale trade is concentrated in the Portland area, with 64% of employment located in Multnomah, Washington and Clackamas counties, funneling goods throughout the state, the nation and the world.

JESSICA NELSON, EMPLOYMENT ECONOMIST
WORKSOURCE OREGON EMPLOYMENT DEPARTMENT
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