Education & Health Services. Information. Retail. Manufacturing. Financial Activities. Transportation, Warehousing &
Washington County
Economic Indicators August 2016 (July Data)
QUALITYINFO.ORG
Washington County’s unemployment rate has decreased 0.4 percentage point since July 2015. At 4.4 percent in July 2016, Washington County has the lowest unemployment rate compared to neighboring Multnomah (4.6%) and Clackamas (4.8%) counties. Washington County also showed strong labor force growth, with an average labor force growth rate of 5 percent in the largest cities.
Labor Force Growth in Washington County Cities Net change, July 2015 to July 2016; Oregon Employment Department, Local Area Unemployment Statistics 3,000
2,697
2,686
2,500 2,000
Washington County employers added 6,000 jobs since July 2015. Construction has added 1,900 jobs in the past year, continuing the industry’s path towards recovery. Manufacturing jobs grew by 0.4 percent, despite the 0.8 percentage point decline in the industry in the Portland metro area as a whole since July 2015.
1,428
1,500 1,000
722
553
500 0
Unemployment Rate
Hillsboro
Beaverton
Tigard
Tualatin
Forest Grove
July 2006 to July 2016, seasonally adjusted Oregon Employment Department, Local Area Unemployment Statistics
14% 12% 10% 8%
Washington County Oregon
July 2016: 5.2%
6% 4%
July 2016: 4.4%
2% 0% Jul-06
Jul-07
Jul-08
Jul-09
Jul-10
Jul-11
Construction Leads Industry Employment Growth Percentage change, July 2015 to July 2016 Oregon Employment Department, Current Employment Estimates
Total
Jul-13
Jul-14
Jul-15
Growth by Number of Jobs in Washington County Net change, July 2015 to July 2016 Oregon Employment Department, Current Employment Estimates
14.0% 4.6%
Professional & Business Services
Wholesale Trade
4.6%
Government
Professional & Business Services Transportation, Warehousing & Utilities Financial Activities
6,000 1,900
Construction
Government
Leisure & Hospitality
Jul-16
Total
2.2%
Construction
Jul-12
1,300 1,000
2.8%
Leisure & Hospitality
700
2.5%
Wholesale Trade
600
2.3%
Manufacturing
200
Financial Activities
200
1.2%
Manufacturing
0.4%
Transportation, Warehousing & Utilities
100
Retail
0.3%
Retail
100
Information
0.0%
Information
Education & Health Services
-1.5%
Have questions? Contact me! Emily Starbuck, Washington County Workforce Analyst
Education & Health Services
0 -500
[email protected] 503.360.2421