South Coast Economic Indicators - November 2023

Below are this month’s South Coast indicators with November 2023 data. You can also view them by following this QualityInfo link.

South Coast Economy

Coos County employment grew by 690 and Curry County by 50 over the last year. Leisure and hospitality, government, and trade added jobs in both counties, while manufacturing was the only major industry to decline in both. The unemployment rate was 4.3% for Coos and 4.4% for Curry.

You can find the latest South Coast Employment Press Releases that dive deeper into industry specific employment details here:

South Coast Employment in November

Special Topic: 10-Year Employment Projections

The Employment Department just released its newest 10-year job projections for Oregon and its regions. For a statewide look at highlights, see this article on 10-year job projections from Projections Economist Sarah Cunningham or dig into the local data for yourself.

Industry growth in Southwestern Oregon is projected to be slower than statewide, particularly in information and professional and business services. Only one major industry (financial activities) is projected to decline.

Keep in mind that even in slow growth or declining industries there will still be many job openings due to replacement, which make up the vast majority of vacancies in all industries.

Good Labor Market Reads on Quality Info