Local numbers - jobs continue to increase in manufacturing

 

ImperialManufacturing 13 1024x683   The latest local jobs numbers are in for May, and despite a healthy dose of baby boomer retirements, the region is continuing to add jobs, not just replace these.
   Washington County employers added 5,600 jobs between May 2018 and May 2019 - nearly 43 percent of these were in manufacturing.
   Clackamas County experienced a gain of 2,000 jobs during the same time period, and it too was largely from the manufacturing sector (1,000 jobs).
   The unemployment rate in Washington County is currently 3.4 percent, which is a smidge less than last month, but really unchanged from a year ago.
   Christian Kaylor, who is the Workforce economist for the Oregon Employment Department, specializing in the Portland area, said the latest Census estimates are showing more young people between the ages of 25-39 are moving to Oregon.
  "Job growth among younger adults is good because with such a low unemployment rate we need new folks moving in to help fill all the new jobs we are creating. After seeing job growth slow in late 2017 and early 2018, job growth has now rebounded to an impressive 2.6 percent over the last 12 months," said Kaylor.
  To see the latest, click on one of these reports: Emily Starbuck for Washington County, Lynn Wallis for Clackamas County, Christian Kaylor for Multnomah County/Portland. and/or U of O's Tim Duy's Economic Indicators.