Home Archives February 2006 Financial activities

Financial activities

| Print |  Email
Wednesday, February 01, 2006

INDICATORS3.gif

 

The financial activities sector covers a variety of industries — banking, real estate, auto rental and others — so its subsectors vary widely in wages and employment trends. In 2004, for example, the U.S. average annual wage in the finance and insurance subsector was 88% higher than the average in real estate and leasing. So the sector’s highest wages were in the finance-dominated Northeast, while the real estate boom helped a Western state, Nevada, see the strongest job gains. In Oregon, opposing trends among subgroups have dampened both growth and decline of financial activities employment. Job growth in finance and insurance slowed in mid-2003, due in part to cooling refinance activity.

But stability in real estate and leasing moderated effects on the broad sector. In 2005, the opposite occurred as  finance employment  surged and real estate slowed. But jobs in real estate and leasing still account for a larger share of financial activities employment in Oregon than in the United States. This factor, among others, has kept the sector’s wages consistently below the national average.

— Emily Stuart, employment economist
Oregon Employment Department

INDICATORS4.gif

 

More Articles

100 Best Nonprofits to Work for in Oregon [VIDEO]

News
Thursday, October 02, 2014

Screen shot 2014-10-02 at 11.17.21 AMMore than 5,500 employees from 180 organizations throughout the state participated in the 100 Best Nonprofits to Work for in Oregon project.


Read more...

October surprise

News
Sunday, October 12, 2014
roundup-logo-thumb-14BY LINDA BAKER

Cylvia Hayes, tabloid vs. watchdog journalism and the looming threat of a Cascadia earthquake.


Read more...

100 Best Nonprofits announced

News
Thursday, October 02, 2014

100NP14logo4WebOregon Business magazine has named the sixth annual 100 Best Nonprofits to Work for in Oregon.


Read more...

Water World

November/December 2014
Wednesday, October 22, 2014
BY KIM MOORE

Fred Ziari aims to feed the global population.


Read more...

Podcast: Turn Things Around with David Marquet

Contributed Blogs
Friday, October 17, 2014
davidmarquet thumbBY TOM COX | OB BLOGGER

How can you move from a command-and-control leadership model to one of true empowerment and accountability? David Marquet did, and he took notes along the way.


Read more...

Growing a mobility cluster

News
Friday, October 31, 2014
0414 bikes bd2f6052BY LINDA BAKER | OB EDITOR

Why are there so few transportation startups in Portland?  The city’s leadership in bike, transit and pedestrian transportation has been well-documented.  But that was then — when government and nonprofits paved the way for a new, less auto centric way of life.


Read more...

Fly Zone

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE

The black soldier fly’s larvae are among the most ravenous and least picky eaters on earth.


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