A smaller percentage of residents will actually be working in Oregon in the coming years, a new report says.
Oregon’s labor force declined by more than 12,000 persons (-0.6%) between 2011 and 2012. This was the largest annual decline the state has ever experienced.
Even as the state’s labor force declined, Oregon’s working age population (ages 16 and older) continued to grow. As a result, Oregon’s labor force participation rate (LFPR) has fallen.
Read more at The Statesman Journal.