Lane County Employment Trends
According to Oregon Employment Department projections, Lane County will add 16,800 jobs between 2014 and 2024 . This represents an 11% increase in employment over 10 years. The growth stems from anticipated private-sector gains of 15,700 jobs and the addition of 1,100 jobs in government. As shown in the figure below, all Lane County industries are expected to add jobs from 2014-2024. Health care leads the way in forecasted job growth.
Wage polarization in Lane County is improving. The figure below illustrates that middle wage occupations in construction, education, and installation, maintenance and repair have turned positive after many years of being negative. Even with the improvement in job growth from 2013 to 2015, middle wage jobs are growing at a slower rate than either higher or lower paying jobs.
Due to employment growth and retirements, the unemployment rate has dropped to 5.1%.
Statewide data shows unemployment rates for teens remains elevated after the recession. Lane County’s youth unemployment rates show a similar pattern as the rest of Oregon.
The latest data shows that most industries are contributing to growth. Total over-the-year employment growth in 2016 is expected to be roughly 2.5%.
Additional information specific to Lane County can be accessed here.