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

Employment Department: North Coast on a growth spurt

| Print |  Email
Archives - February 2007
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

Report Card

September 2014
Tuesday, August 26, 2014

Strong public schools shore up the economy, survey respondents say. But local schools demonstrate lackluster performance.


Read more...

College Hacker

September 2014
Wednesday, August 27, 2014
BY KLINT FINLEY

Treehouse CEO Ryan Carson builds a 21st-century trade school.


Read more...

A Taste of Heaven

September 2014
Tuesday, August 26, 2014
BY VIVIAN MCINERNY

Craft beer comes to Mount Angel.


Read more...

Fast Food Slows Down

September 2014
Tuesday, August 26, 2014
BY KIM MOORE

The ubiquitous fast-food restaurant may be on the decline.


Read more...

Is this employee right?

Contributed Blogs
Wednesday, August 13, 2014
081314 thumb employeefeelingsBY TOM COX | OB BLOGGER

When I say, “Your Employee is Always Right,” I do not mean “right about the facts,” but rather “right about how they feel” and “right about how they want to be led.”


Read more...

Video: The 100 Best Survey

News
Thursday, August 28, 2014

100-best-logo-2015 500pxw-1OB Research Editor Kim Moore shares some pointers about the 100 Best Companies to Work For survey.


Read more...

Risks & rewards of owning triple net investments

Contributed Blogs
Thursday, July 24, 2014
NNNinvestmentBY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR

With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.


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