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

Employment Department: North Coast on a growth spurt

| Print |  Email
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%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

 

More Articles

Eking out a living

News
Tuesday, April 08, 2014
04.08.14 thumb ourtable-coopfarmsBY HANNAH WALLACE | OB BLOGGER

It may be obvious, but most farmers don’t make a lot of money. According to preliminary data from the 2012 Agriculture Census, 52% of America’s 2.1 million principal farm-operators don’t call farming their primary occupation. Farm cooperatives may offer a solution.


Read more...

The 2014 List: The Top 33 Small Companies to Work, For in Oregon

March 2014
Thursday, February 27, 2014

100best14logoWebOur 100 Best Companies project turned 21 this year, so pop open the Champagne. Our latest survey gives us plenty to cheer.

 


Read more...

The future of money

March 2014
Tuesday, February 25, 2014
BY JAKE THOMAS

An ancient institution moves slowly into the digital age. 


Read more...

Making faces

News
Thursday, February 20, 2014
02.20.14 Thumbnail ModelsBY VIVIAN MCINERNY | OB BLOGGER

As retailers consolidate and newspapers fold, the business of modeling shifts to ad agencies, apparel companies and new media.


Read more...

The more they change, the more they stay the same

March 2014
Tuesday, February 25, 2014
100-best-collageBY BRANDON SAWYER

The 100 Best Companies get more creative with perks and more generous with benefits; employees seek empowering relations with management and coworkers.


Read more...

Tech makes the world go round

Contributed Blogs
Thursday, March 20, 2014
03.20.14 thumb internetBY JASON NORRIS | GUEST BLOGGER

I don’t think anyone can (or should) remember what it was like to get things done without the internet. This milestone in technology has certainly benefited brick-and-mortar companies and subsequently launched a new era of businesses.


Read more...

Small business sales go big

March 2014
Tuesday, February 25, 2014

BY BRANDON SAWYER

Sales of small businesses surged in 2013 according to the biggest Internet marketplace of such transactions, BizBuySell, increasing to 7,056 reported sales, a 24% increase over 2012, when they dropped 7%. Portland Metro sales tracked by the site grew 9% to 73, capping three years of solid growth. On top of that, Portland’s median sale price jumped 67% to $250K, versus just 13% to $180K nationally. Portland was one of just six metros tracked where the median sale price matched the median asking price, with sellers getting, on average, 92% of what they asked.

BTNMarch14 tableBTNMarch14 line


BTNMarch14 piePDXBTNMarch14 pieUSA


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS