More Oregon Workers Are Part Time as Labor Market Cools
- Oregon's labor market weakened in the latest quarter as total jobs fell by 0.2 percent, shedding 25,000 positions across the state.
- This decline followed several years of slower job growth, with the health sector losing 11,000 jobs despite adding over 109,000 in the past year.
- Part-Time employment reached its highest point in a decade, comprising nearly 23 percent of workers, while job openings dropped by more than half since 2022 to about 50,000.
- Fields noted Oregon's labor market shows less hiring demand and more slack than the national average due to demographics and higher part-time work among older workers.
- These trends indicate a cooling labor market with structural shifts that could challenge private sector growth and require economic adjustments moving forward.
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12 Articles
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Total News Sources12
Leaning Left2Leaning Right0Center2Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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