Home Archives February 2007 Employment Department: North Coast on a growth spurt

Employment Department: North Coast on a growth spurt

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Thursday, February 01, 2007

Many rural economies are struggling, but Clatsop County, in Oregon’s extreme northwest corner, has been adding jobs faster than the United States overall. The county’s nonfarm employment grew almost 10% from 2001 through 2006. In contrast, the nation managed 2.6% growth — a mere 0.5% per year on average. If the county had grown at the national rate it would have {safe_alt_text}generated 398 jobs over the five years; instead it added 1,509. The booming coastal property market fueled a 33% increase in financial activities jobs such as real estate and mortgage brokers. Construction employment jumped 41%. Surprisingly, even manufacturing grew 9% as companies such as Lektro Manufacturing of Warrenton expanded production. Employment growth was strictly a private affair in Clatsop County. Government may have helped by lowering interest rates, but public employment in Clatsop decreased 8% while local private-sector employment grew at six times the national rate.

— Erik Knoder, regional economist
Oregon Employment Department
www.qualityinfo.org

Clatsop County nonfarm employment, 2001-2006 changes

JAN-NOV 2001 JAN-NOV 2006 JOB GROWTH JOB GROWTH % NATIONAL GROWTH %
TOTAL NONFARM EMPLOYMENT
15,561 17,070 1,509 9.7% 2.6%
Total private sector 12,582 14,331 1,749 13.9% 2.2%
Natural resources and mining 339 289 -50 -14.7% 11.1%
Construction 695 980 285 40.9% 9.7%

Manufacturing 2,042 2,225 183 8.9% -13.8%
Trade, transportation, and utilities 2,688 3,081 393 14.6% 0.2%
Information 179 159 -20 -11.2% -15.8%
Financial activities 497 662 165 33.1% 6.5%

Professional and business services 550 705 155 28.1% 4.8%
Education and health services 1,690 1,850 160 9.5% 13.5%
Leisure and hospitality 3,312 3.774 462 13.9% 8.4%
Other services 589 607 18 3.1% 2.9%

Government 2,979 2,739 -240 -8.1% 4.2%
Federal government 179 178 -1 -0.5% -2.1%
State government 540 435 -105 -19.4% 3.0%
Local government 2,260 2,125 -135 -6.0% 5.9%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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