Confident Employee Leasing https://confidentemployeeleasing.com/ Thu, 03 Jan 2019 17:32:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.5 https://confidentemployeeleasing.com/wp-content/uploads/2018/08/cropped-Square-logo-for-social-media-250x250-32x32.jpg Confident Employee Leasing https://confidentemployeeleasing.com/ 32 32 Important W2 Information for Employees https://confidentemployeeleasing.com/2019/01/03/important-w2-information-for-employees/ Thu, 03 Jan 2019 17:32:23 +0000 https://confidentemployeeleasing.com/?p=8954 W-2 Forms How do I get my tax information at the end of the year? The Confident Companies is required by the Internal Revenue Service (IRS) to provide each employee with a W-2 Form that states the employee’s compensation and tax withholding amounts for the calendar year on or before January 31st of the following […]

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W-2 Forms

How do I get my tax information at the end of the year?

The Confident Companies is required by the Internal Revenue Service (IRS) to provide each employee with a W-2 Form that states the employee’s compensation and tax withholding amounts for the calendar year on or before January 31st of the following year. The IRS permits the use of electronic W-2 statements to meet this requirement.

The benefits of receiving an electronic W-2 statement are:

  • Earlier access
  • Once received electronically, significantly less possibility that the W-2 may be lost or stolen
  • Access is possible electronically if the employee is away from his/her usual home or work location
  • Compensation and tax withholding information may easily be downloaded into many tax preparation software programs

To access your W-2 form:

  • Log into your employee profile – If you can’t remember your user name or password, give us a call!
  • Click on the Payroll History tab at the top
  • In the menu on the left hand side of your screen click on the W-2 link
  • Click the View link next to the year to open the W-2 document

Your W-2 form can be saved or printed and the link to your tax form will remain in your employee profile

NOTE:
If you worked for more than one of our Confident Companies, you will have a W-2 form for each company you were employed by during the calendar year. If you worked for Confident Staffing, Confident Construction Workforce or Confident Employee Leasing – you will need to log into each of your company specific employee profiles in order to access your records for that company.

If you have trouble accessing your information or if you have any questions about your W-2 form, contact our Corporate Office at 541-773-8888

 

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Oregon’s Equal Pay Act to Take Effect Jan. 1, 2019 https://confidentemployeeleasing.com/2018/12/27/oregons-equal-pay-act-to-take-effect-jan-1-2019/ Thu, 27 Dec 2018 19:49:42 +0000 https://confidentemployeeleasing.com/?p=8951 The majority of Oregon’s Equal Pay Act will take effect on Jan. 1, 2019. The Act originally approved in 2017. The law expands the current sex-based pay discrimination law and to include ten protected classes: Race Color Religion Sex Sexual orientation National origin Marital status Veteran status Disability Age “Work of Comparable Character” Defined Next, the law […]

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The majority of Oregon’s Equal Pay Act will take effect on Jan. 1, 2019. The Act originally approved in 2017.

The law expands the current sex-based pay discrimination law and to include ten protected classes:

  1. Race
  2. Color
  3. Religion
  4. Sex
  5. Sexual orientation
  6. National origin
  7. Marital status
  8. Veteran status
  9. Disability
  10. Age

“Work of Comparable Character” Defined

Next, the law explicitly prohibits paying these classes less than others for “work of comparable character”, defined as work that requires “substantially similar knowledge, skill, effort, responsibility and working conditions in the performance of work, regardless of job description or title.”

Acceptable Pay Differences

There are a few exceptions for different compensation levels, however. The law states that the differences must be based on job-related factors, including:

  • Seniority or merit
  • Work location
  • Education
  • Training
  • Experience
  • A combination of these factors

Salary History Ban

The law also bans employers from screening applicants based on salary history. Also, employers are prohibited from inquiring about an applicant’s salary history from both the applicant and his or her previous employer.

Employers may not use salary history when setting compensation, except when establishing pay for a current employee during a transfer or hire to a new position within the same employer.

Employee Notices

Employers are required to provide notice to employees of the law’s requirements via labor law poster. If a poster is not feasible, employers can distribute a written notice to each employee personally by mail or email, or by including it with their paycheck. Also, the notice may be added to an employee handbook or manual in both print and electronic format.

View more here: https://www.govdocs.com/oregons-equal-pay-act-to-take-effect-jan-1-2019/

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Oregon High-Tech Outlook https://confidentemployeeleasing.com/2018/10/01/oregon-high-tech-outlook/ Mon, 01 Oct 2018 23:00:42 +0000 https://confidentemployeeleasing.com/?p=8934 This post circles back on the recent Headwinds and Tailwinds presentation I gave at the Northwest Economic Research Center’s forecast breakfast last month. It also ties directly into the previous post on Oregon’s industrial structure overall. The biggest high-tech takeaway from an industrial structure point of view is that Oregon’s historical strengths are not expected to lead growth moving […]

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This post circles back on the recent Headwinds and Tailwinds presentation I gave at the Northwest Economic Research Center’s forecast breakfast last month. It also ties directly into the previous post on Oregon’s industrial structure overall.

The biggest high-tech takeaway from an industrial structure point of view is that Oregon’s historical strengths are not expected to lead growth moving forward. Oregon’s high-tech legacy and our regional economy’s comparative advantage lies in hardware manufacturing, with semiconductors being the most prominent. This portion of the high-tech industry will continue to generate considerable economic output, both directly and indirectly given large-scale operations with supply chains, and the clustering of a skilled workforce. However, job gains over the next decade are unlikely to follow suit due to ongoing productivity increases. To the extent that a few of these firms do add jobs, there are others scaling back. As such, Oregon’s high-tech growth will be driven by the software side of the industry.

Over the past decade or so, employment at software firms has increased considerably. We’re talking 4.5-5.0% annualized job growth over the past 10 to 15 years. This is by far the fastest growing industry in the state during this time. The second fastest growing industry is health care at just under 3% annual growth. That said, employment at software companies remains a relatively small slice of the economy. It has gone from around 1% of all statewide jobs and 17,000 workers back in 2006 to nearly 1.5% of all statewide jobs and over 27,000 workers in 2017.

However, as our office previously discussed this software growth is a bit different than on the hardware side. First, software has not been Oregon’s comparative advantage like hardware over the decades. Just look at location quotients for semiconductors (6.3) and software (0.9). That means Oregon’s concentration in semiconductors is 6 times as large as the U.S. average, while our concentration in software is actually 10 percent smaller than the U.S. average.

Second, we’re seeing a number of outposts or satellite offices rather than headquarter operations and research hubs. Today this is not a problem. In fact the growth in these new, high-wage software jobs is all good news. In particular they are diversifying our economy and adding a component that hasn’t really existed like this previously. However, one concern may be that these outposts are more vulnerable during the next cycle when the spokes are cut and operations are consolidated at the hub. This may not happen, but it has certainly been the case in hardware in recent decades. Oregon, being the main research hub, has benefited tremendously as a result.

All of that said, at times we can lose the forest for the trees. The above looks at employment through an industry lens, or based on what the company actual does or produces. One thing our advisors have been, umm, advising us to do in recent meetings is to dig not just into tech industries but tech occupations. This is something we previously did a few years back and I have updated that work using ACS data instead of OES.

There is at least one key reason why tech-related occupations are preferable to industries and that is the fact that tech-related jobs are everywhere, and in nearly every firm. It may just be one network administrator or it may be a whole team of engineers, but tech-related occupations are spread across the entire economy today. So measuring just tech jobs at software companies misses the broader impact. And it also gives short shrift to one of Oregon’s key comparative advantages: the ability to attract and retain talent. Oregon’s high quality of life and strong regional economy helps local employers recruit top talent. This goes specifically for high-tech companies but also for hospitals, apparel and design firms, heavy manufacturers, the public sector and so on down the list.

In looking at tech-related occupations, Oregon and the Portland region do tend measure higher than examining industry-only figures. Specifically, the Portland metro area ranks 11th highest among the 50 largest nationwide in 2016. Now, while Portland ranks just ahead of Atlanta, Columbus, and Dallas, it does rank a bit lower than many of the nation’s leading tech hubs. Also note that while these tech-related jobs are growing as a share of all jobs over the past decade, Portland’s relative ranking has remained essentially the same. Software jobs are increasing everywhere, not just along the West Coast or in tech hubs. And while Oregon and the Portland area are seeing strong gains, they’re not significantly stronger than the growth seen nationwide or in other large metro areas.

In digging into these jobs a bit further, here are a few worker characteristics that stood out to me. These tech-related occupations in the Portland region are 74% male, 26% female, compared with all other occupations being 52% male, and 48% female. Tech employment is 77% non-Hispanic white, matching the other occupations (76%). Tech’s educational attainment is nearly double that for other occupations. The share of tech workers with at least a bachelor’s degree is 69% compared to 38% for all other occupations.

Bottom Line: High-tech jobs in Oregon are expected to increase, even as the sector transforms. Hardware remains a key economic strength, although employment is not increasing on net. The software growth diversifies our regional economy. However the impact of tech-related occupations is broader than software firms alone. Given the prevalence of outposts, some of this software growth is an economic tailwind with risk. The key to the long-term outlook is for Oregon to develop a critical mass of software and tech-related workers, so that the talent remains to rebuild the sector following the next downturn of tech cycle. To this point, every single one of our advisors believes we have reached critical mass. Our office largely agrees and the numbers support it. However, given the relative newness to the software industry in Oregon, we would also like to see how these trends behave over an entire business cycle to know for sure. But we do know that Oregon’s ability to attract and retain skilled workers is a comparative advantage moving forward.

Read full article here: https://oregoneconomicanalysis.com/2018/06/07/oregon-high-tech-outlook/

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Oregon Leading Indicators and the Manufacturing Outlook https://confidentemployeeleasing.com/2018/09/05/oregon-leading-indicators-and-the-manufacturing-outlook/ Wed, 05 Sep 2018 23:21:50 +0000 https://confidentemployeeleasing.com/?p=8936 When it comes to leading economic indicators they tend to fall into two camps: manufacturing and related measures, and then everything else. Here in Oregon we have two composite leading indicators series, one from our office and one from Tim Duy at the University of Oregon. Broadly speaking, each of these series is about 50-50 […]

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When it comes to leading economic indicators they tend to fall into two camps: manufacturing and related measures, and then everything else. Here in Oregon we have two composite leading indicators series, one from our office and one from Tim Duy at the University of Oregon. Broadly speaking, each of these series is about 50-50 in terms goods-producing indicators, and broader economic measures. So when the oil bust and industrial production declines that began in late 2014 hit the data, there was certainly a scare, and a risk to the near-term economic outlook. The U.S. had never seen industrial production declines like that during an economic expansion. We have only seen declines like that during the middle of recessions. The fear was a goods-producing decline could pull the rest of the economy down with it, even as the rest of the indicators continued to flash green. Well, those fears have clearly faded into the rear view mirror. Not only has the manufacturing and goods-producing cycle revived, the near-term outlook continues to look very good.

First, let’s talk leading indicators. Note that the data that our office and Tim uses is a mix of Oregon and U.S. figures given data availability. That said, none of the individual indicators are flashing warning signs today. This is one reason why the near-term economic outlook remains bright. The consensus of forecasters pegs the probability of recession over the next year at just 13% based on the latest Wall Street Journal survey. As I’ve been saying in presentations lately, even if some of these numbers began to turn down tomorrow, it would take awhile before everything devolved into a full blown recession. The data flow is clearly healthy.

In terms of recent performance, we don’t have a lot of Oregon specific manufacturing numbers, outside of employment and wages. So one thing our office looks at is the mix of local industries relative to the U.S. Over the past couple of generations, Oregon’s more modern mix of manufacturing (more aerospace, metals, and semiconductors, less auto parts and textiles) has served us very well. This largely continues to to be the case today as seen in the chart below. The red Oregon lines takes the U.S. industrial production numbers by sectors and re-weights them based on local employment numbers. Over the past year, the Oregon mix of industries has seen better growth than the national mix. This, of course, represents the pulling out of the goods-producing malaise following the oil bust and manufacturing slowdown back in 2015.

Right now the outlook is positive based on stronger domestic demand as the U.S. expansion continues, but also due to a better global economy as well. The International Monetary Fund just recently revised up their estimates for global GDP growth in 2017 and their outlook for 2018 and 2019. Left off the chart are emerging markets, which are growing faster (near 5%) but did not see a upward revision to the outlook.Additionally, the dollar has stopped appreciating, meaning Oregon-made and U.S.-made goods are becoming a bit less expensive to foreign buyers. This should help boost exports and goods-producing industries as well. Note that exchanges rates with Pacific Rim countries – where Oregon trades – aren’t showing quite the same depreciation trends as with the euro which is pulling the U.S. measure down recently.

Putting all of this together shows that the Oregon manufacturing outlook remains positive. Employment has picked back up in the past year and our office’s forecast expects these gains to continue. As noted in the chart below, Oregon’s manufacturing employment today is actually pretty similar to where it stood coming out of the last severe recession in the state – the early 1980s.

Read full article: https://oregoneconomicanalysis.com/2018/02/02/oregon-leading-indicators-and-the-manufacturing-outlook/

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Urban Oregon Household Income, 2017 Update https://confidentemployeeleasing.com/2018/09/05/urban-oregon-household-income-2017-update/ Wed, 05 Sep 2018 22:25:06 +0000 https://confidentemployeeleasing.com/?p=8930 This morning the Census Bureau released the 2017 American Community Survey data. There is a ton to unpack here and even more once the microdata is released later this year. In the coming months our office will update and share some of this work. As discussed earlier, Oregon incomes continued to rise and the poverty […]

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This morning the Census Bureau released the 2017 American Community Survey data. There is a ton to unpack here and even more once the microdata is released later this year. In the coming months our office will update and share some of this work.

As discussed earlier, Oregon incomes continued to rise and the poverty rate ticked down. This post is a quick update on trends we are seeing across Oregon’s metro areas. For rural income trends, we need to wait until December when the 5 year ACS estimates are released.

First, let’s start with the Rogue Valley where household incomes have seemingly lagged underlying economic growth in recent years. The latest figures show solid gains in both Medford (Jackson County) and Grants Pass (Josephine County). The data is a bit noisy so I usually use a two year average to help smooth it and get the underlying trends. This is especially useful for a smaller area, and thus smaller sample size, like Grants Pass. As you can see in the dotted line (annual numbers) the region has seen two strong gains in the past three years, but also a year of large losses. Expectations are that moving forward, there will be more sustained momentum in the Josephine numbers and incomes will continue to increase. That said, some year to year volatility is to be expected. Medford

Traveling north on I-5 a bit, incomes throughout the Willamette Valley continue to show good growth in the latest data. Salem and Corvallis incomes are now at historic highs, while Albany and Eugene incomes are essentially back to where they were at the start of the Great Recession.

Further north, the Portland region continues to see strong gains. Like the state overall, 2017 increases were a bit slower, but continue to outpace most other large metros across the country. The Portland MSA’s median household income now ranks 16th highest among the nation’s 100 largest metros. In 2007, Portland ranked 32nd highest. As noted in the statewide trends, the leveling out of the poverty rate was also seen in the Portland region. Similarly, the poverty rate differences between racial and ethinic groups was evident in Portland as well. As such, it is reasonable to conclude that outside the Portland area, Oregon’s poverty rates continued to decline.

 

Read the full article here: https://oregoneconomicanalysis.com/2018/09/13/urban-oregon-household-income-2017-update/

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Oregon Economic and Revenue Forecast https://confidentemployeeleasing.com/2018/09/01/oregon-economic-and-revenue-forecast/ Sat, 01 Sep 2018 22:17:35 +0000 https://confidentemployeeleasing.com/?p=8928 September 2018 While economic growth continues and nearly all leading indicators flash green, the shape of the business cycle may be coming into focus. Specifically, economists are becoming more comfortable talking about plausible recession scenarios given the expected path of federal policy. To be clear, the flow of economic data remains healthy, and the risks […]

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September 2018
While economic growth continues and nearly all leading indicators flash green, the shape of the business cycle
may be coming into focus. Specifically, economists are becoming more comfortable talking about plausible
recession scenarios given the expected path of federal policy. To be clear, the flow of economic data remains
healthy, and the risks to the near-term outlook are balanced, if not tilted toward the upside.
However, potential danger lurks around the corner with many forecasters pointing at the confluence of events
beginning in 2020. At this time, federal fiscal policy will be a drag on economic growth and monetary policy is
expected to have transitioned from accommodative, to neutral, and potentially even restrictive. Should this fully
come to pass, a recession is likely to follow. However, this outcome is not a foregone conclusion. Rather, for
really the first time this cycle, it is a reasonable, and clear scenario for how this expansion ends. Even so,
between now and then, economic growth is expected to be at or above potential.
Here in Oregon, the economy follows the U.S. business cycle overall, albeit with more volatility. The good news
is job gains are enough to match population growth and absorb the workers coming back into the labor market.
Wages are rising faster than in the typical state, as are household incomes. That said, growth is slower today
than a few years ago. The regional economy continues to transition down to more sustainable rates. Ongoing
improvements in these deeper measures of economic well-being are also expected to continue.
Oregon’s economic expansion has largely played out as expected in recent months, yet state revenue collections
continue to outpace the forecast. Much of the strong revenue growth can be traced to temporary factors,
including the response of Oregonians to federal tax law changes and a spike in estate tax collections. Together
with the fleeting nature of recent tax collections, Oregon’s unique kicker law is acting to mute the budgetary
impact of unexpected revenues. While more revenue is now expected to be collected during the current
biennium, less will be available during the 2019-21 budget period.
Read full article: https://www.oregon.gov/das/OEA/Documents/forecast0918.pdf

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09/18/2018 – Employment in Oregon: August 2018 https://confidentemployeeleasing.com/2018/08/13/09-18-2018-employment-in-oregon-august-2018/ Mon, 13 Aug 2018 22:13:17 +0000 https://confidentemployeeleasing.com/?p=8926 Lowest on Record: Oregon Unemployment Rate Drops to 3.8 Percent in August Oregon’s unemployment rate was 3.8 percent in August, which was Oregon’s lowest unemployment rate since comparable records began in 1976. Oregon’s July unemployment rate was 3.9 percent. The U.S. unemployment rate was 3.9 percent in both July and August. The number of Oregonians […]

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Lowest on Record: Oregon Unemployment Rate Drops to 3.8 Percent in August
Oregon’s unemployment rate was 3.8 percent in August, which was Oregon’s lowest unemployment rate since comparable records began in 1976. Oregon’s July unemployment rate was 3.9 percent. The U.S. unemployment rate was 3.9 percent in both July and August.
The number of Oregonians unemployed shrank in recent months. In August, the number of unemployed people dropped to 80,500, which is down from 88,000 in August 2017. The low number of unemployed reflects a very tight job market. Many people just entering the labor force are getting snapped up by employers. In August, there were only about 20,000 new entrants to the labor force who were unemployed; this was only one-third the number of such “unemployed entrants” seen in the early 2010s. This means that there are far fewer Oregonians just entering the workforce who can’t find a job. Meanwhile in August, of the unemployed Oregonians, 28,000 had lost their job—a historically low level, given that in 2009 there were five times the number of unemployed due to job loss.
In August, Oregon’s nonfarm payroll employment grew by a modest 900 jobs, following a revised gain of 3,400 jobs in July. Monthly gains in August were concentrated in construction, which added 800 jobs, and trade, which added 800 jobs in wholesale trade and 700 jobs in retail trade. These gains were offset by losses in leisure and hospitality(-1,100 jobs) and government (-600 jobs).
Oregon’s nonfarm payroll employment increased by 42,000 jobs, or 2.2 percent, since August 2017. More than one-quarter of payroll employment growth was in the construction industry, which added 11,400 jobs, expanding by 11.6 percent. Over the year, no other industry has grown nearly as fast as construction. Next in line are four major industries that each grew slightly slower than 3 percent: manufacturing (+5,500 jobs, or 2.9%); professional and business services (+6,900 jobs, or 2.8%); leisure and hospitality (+5,700 jobs, or 2.8%); and health care and social assistance (+6,400 jobs, or 2.7%). Rapid growth across the industries isn’t universal, as several industries remained close to their year-ago job totals, including wholesale trade (700 jobs, or 0.9%); retail trade (+1,200 jobs, or 0.6%); transportation, warehousing, and utilities (+300 jobs, or 0.5%); government (no change in jobs, or 0.0%); and information (-200 jobs, or -0.6%).
Next Press Releases
The Oregon Employment Department plans to release the August county and metropolitan area unemployment rates on Tuesday, September 25th, and the next statewide unemployment rate and employment survey data for September on Tuesday, October 16th.

Notes:
All numbers in the above narrative are seasonally adjusted.

The Oregon Employment Department and the U.S. Bureau of Labor Statistics (BLS) work cooperatively to develop and publish monthly Oregon payroll employment and labor force data. The estimates of monthly job gains and losses are based on a survey of businesses. The estimates of unemployment are based on a survey of households and other sources.
The Oregon Employment Department publishes payroll employment estimates that are revised quarterly by using employment counts from employer unemployment insurance tax records. All department publications use this Official Oregon Series data unless noted otherwise. This month’s release incorporates the January, February, and March 2018 tax records data. The department continues to make the original nonfarm payroll employment series available; these data are produced by the BLS.
*Effective with the January 2018 data, employment of Oregon’s approximately 17,000 home care workers are counted in private health care and social assistance instead of state government. The change was due to legislative action clarifying that for purposes of workforce and labor market information, home care workers are not employees of state government. The reclassification affects private sector and government monthly change figures for January 2018 and will affect over-the-year change figures through December 2018. It does not affect total payroll employment levels.
The PDF version of the news release, including tables and graphs, can be found at www.QualityInfo.org/press-release. To obtain the data in other formats such as in Excel, visit www.QualityInfo.org, then within the top banner, select Economic Data, then choose LAUS or CES. To request the press release as a Word document, contact the person shown at the top of this press release.
Read full article here: https://www.oregon.gov/EMPLOY/Agency/Pages/News-Releases.aspx#release?id=85

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Oregon’s Food Economy https://confidentemployeeleasing.com/2018/06/25/oregons-food-economy/ Mon, 25 Jun 2018 22:57:17 +0000 https://confidentemployeeleasing.com/?p=8932 When our office discusses Oregon’s world class strengths, we tend to focus primarily on things like timber, semiconductors, and migration, with only passing reference to the others, like UAVs and food and beverage. This is in part due to the fact we have spent less time researching these topics; alcohol being an exception. And also in part because it […]

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When our office discusses Oregon’s world class strengths, we tend to focus primarily on things like timber, semiconductors, and migration, with only passing reference to the others, like UAVs and food and beverage. This is in part due to the fact we have spent less time researching these topics; alcohol being an exception. And also in part because it is difficult to properly frame the conversation given that residents in every state eat and drink. However our office is asked periodically about the state’s food and beverage sector and also the tie-in with tourism. Consider this post a first effort to help quantify the discussion and highlight how Oregon differs from other states. Our office is indebted to Portland State researchers who produced a tremendous report for the City of Portland a few years ago. It breaks down the food economy into segments representing different portions of the supply chain. The report goes from farm to table, but with economic data. What follows below borrows heavily from the Portland State report.

Oregon’s food economy overall employs nearly 290,000 workers, or 15% of the state workforce. It accounts for 4-5% of state GDP in recent years. One-third of these workers — nearly 100,000 — are in the production, processing, and distribution segments of the food economy. It is here where Oregon has a distinct comparative advantage, and a growing national share of the market. However, most of us only really interact with the fourth segment of the food economy: food services. The lion’s share of jobs are found in these food services, which includes restaurants, supermarkets, specialty food and beverage stores, food carts and the like. And while these services garner the (inter)national attention, and satisfy our tastebuds, they play a lesser role in terms of the economic impact and what makes Oregon unique from an industrial structure perspective. This is partially because food services are largely driven by population and consumer spending patterns. Even as Oregon may be home to award-winning chefs and renown restaurants, residents of other states also go out to eat. Standard economic data is insufficient to distinguish between the quality of products or services sold.

Where Oregon’s food economy differs from other states is on the production and processing portions of the food economy. The more famous food services are an integral segment, a byproduct and growth off of the fact Oregon is home to successful producers and processors of the local food economy. Specifically, Oregon’s location quotient for food production is 2.6, meaning the concentration of agricultural jobs is two and a half times what it is nationwide. This is primarily driven by crops (grains, fruits, vegetables, etc) and fishing. Additionally, Oregon’s location quotient for food processing is 1.5 meaning the local concentration 50% larger than in the average state.

As seen in the chart above, the growth in food processing really stands out both here in Oregon, and when we look across the country. These processing jobs (food manufacturing plus beverage manufacturing) are being driven not just by overall economic growth, but also a regional shift, or regional competitive effect. Using a shift-share analysis, the overall growth in food processing jobs in Oregon is 70% regional competitive effect. Contrast these processing gains with those seen in food production and food services which are 99% and 97%, respectively, driven by the national growth and the industry mix components of the shift-share analysis. In other words, the growth seen in much of the food economy can be tied to general economic and industry trends. However, Oregon’s food processing growth is predominantly due to Oregon gaining a significantly larger slice of the pie.

To help frame these gains I looked at changes across all states over the past decade. The next few charts focus just on food manufacturing (NAICS 311) and leaves beverages to the side for a moment. Here you can see Oregon is among the top performers for job growth both in the absolute number of jobs gained, and in percentage terms.

What is most surprising to me, however, is how broad-based these gains have been across the various subsectors here in Oregon and across the state from a geographic perspective. Anecdotally, our office has heard reports about the growth of the frozen food companies here in the Willamette Valley as they import more products during the offseason to keep production high and employees working, in addition to some of the bread and bakery growth in the Portland region. However in digging a little bit deeper, it is clear that those ancedotal reports in recent years are just a portion of the overall growth.

Nearly every single subsector of food manufacturing has added jobs in the past decade. Yes, dairy manufacturers are flat over the 10 years but this includes many years of growth followed by a large drop in 2015, only to resume growth again in 2016 and 2017. I am unsure of what is happening there. Additionally it should be pointed out that a small portion of these gains, a few hundred at most, are due to the growth of the recreational marijuana industry. Companies making edibles are classified into food manufacturing, mostly into the bakeries and confectionery product.

Read full article here:https://oregoneconomicanalysis.com/2018/06/27/oregons-food-economy/

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Oregon Nearing Full Employment in 2016 https://confidentemployeeleasing.com/2016/03/03/oregon-nearing-full-employment-in-2016/ Thu, 03 Mar 2016 17:19:02 +0000 http://www.confidentstaffing.com/?p=783 Right now, employment across the state stands at an all-time high, some 70,000 jobs above levels reached prior to the Great Recession. Oregon is now getting very close to full employment, something we are likely to reach in the fall. Read the Oregon Office of Economic Analysis report now.

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Right now, employment across the state stands at an all-time high, some 70,000 jobs above levels reached prior to the Great Recession. Oregon is now getting very close to full employment, something we are likely to reach in the fall. Read the Oregon Office of Economic Analysis report now.

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Oregon Employment by Age https://confidentemployeeleasing.com/2016/02/24/oregon-employment-by-age/ Thu, 25 Feb 2016 00:05:27 +0000 http://www.confidentstaffing.com/?p=787 Even as participation rates and employment opportunities are rising, these gains are not evenly distributed across the economy or individuals. In fact, there are stark differences across generations and their labor market outcomes today. Read the Oregon Office of Economic Analysis report now.

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Even as participation rates and employment opportunities are rising, these gains are not evenly distributed across the economy or individuals. In fact, there are stark differences across generations and their labor market outcomes today. Read the Oregon Office of Economic Analysis report now.

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