Employment Snapshot - Portland-Vancouver-Hillsboro, OR-WA August-2022

Weller Emmons

VP of Analytics and Finance at Mployer Advisor. He is passionate about leveraging data to provide industry leading insights for Mployer Advisor’s clients. Prior to joining Mployer Advisor, Emmons served as a healthcare provider strategy consultant for Knowledge Capital Group and as an internal strategy consultant at HCA Healthcare. Emmons earned his MBA and BE in Biomedical Engineering, both from Vanderbilt University.

Market Employment Summary

Explore unemployment data from Mployer Advisor. Our visual, interactive tools let you sort and customize data to easily find the information you need.

Use the Tool

Additional Benchmarking Resources

In addition to unemployment information, Mployer Advisor offers the following resources for employers and HR professionals:

> Link to salary benchmarking tool > Link to insurance broker commission calculator

Overall unemployment rate moved up to 4.0% with the biggest shift in Construction, Mining, which gained 2,500 roles, based on the most recently available information published in September 2022.

Total employment in the Portland-Vancouver-Hillsboro, OR-WA market rose by 2,010 jobs in August and the unemployment rate increased compared to the prior month by 40 bps to 4.0%. The national unemployment rate stayed flat over the same time period at 3.8%.

Portland-Vancouver-Hillsboro, OR-WA unemployment rate is 21 bps above the national rate which is a negative sign.
Unemployment in the market is 100 bps below the unemployment rate in the market last year at this time, which is a positive.
Average wages (per hour) grew in August versus prior month by 8.2% and are down compared to last year at this time in the market.

Month over Month Unemployment Change

Year over Year Unemployment Change

Portland-Vancouver-Hillsboro, OR-WA Unemployment August 2022

For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:

Transportation & Utilities: 225,900; no change
Business Services: 197,500; +900
Education & Healthcare: 184,500; +300
Government: 147,200; -1,100
Manufacturing: 133,900; +2,000
Restaurants & Hotels: 124,800; +900
Construction, Mining: 87,100; +2,500
Financial Services: 77,200; -800
Other Jobs: 42,000; -600
IT & Development: 27,500; -500

Employment Change by Key Sector

Portland-Vancouver-Hillsboro, OR-WA Unemployment by Industry August 2022

Data is based on the most recent 12 months available, through August 2022 (Data published September 2022 and reports created on September 28, 2022). Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.

Portland-Vancouver-Hillsboro, OR-WA