Douglas County Economic Indicators - August 2022
The August 2022 Douglas County Economic Indicators are out now and also available at this qualityinfo.org link.
Douglas County employment was essentially unchanged from July 2021 to July of this year. The county has regained 68% of the jobs lost in early 2020, and unemployment was unchanged at 4.4%.
Age of the population plays a big role in who participates in the labor force, which is one reason why it’s hard to say how many workers there “should” be in a community. For the special graph this month, I looked at labor force participation (those who have a job or are looking for one) and the ratio of population to employment and compared them to the percentage of the adult population that is 65 or older.
It’s unsurprising that there is some correlation between an older population and fewer people in the population in the labor force. This is just one example of how demographics can play a key role in workforce considerations.
This month’s articles included:
Oregon’s Food Manufacturing Industry – Adding Value on Quality Info
New Special Report: The Re-employment of Oregon on Quality Info
Declining Job Vacancies is Good News on Oregon Office of Economic Analysis blog
As always, the Indicators contain all the latest economic data on our area. If you have a data question or want to learn more about any of these topics, please don’t hesitate to reach out.
Henry L. Fields
Serving Lane, Douglas and Southern Oregon
Oregon Employment Department
(541) 359-9178 | firstname.lastname@example.org