Oregon Business & Employment Growth Since 2009
- 28,996 more businesses
- 312,003 more employees
- 19.4% increase in total wages
- $12,301 increase in annual wages per employee
- 30.2% increase in wages per employee
Since 2009, the number of businesses in Oregon has grown by 22.9% (11.5% greater than the national average of 11.4%). Employment in Oregon has grown by 19.4% (5.8% greater than the national average of 13.6%). Wages have grown by 30.1% since the end of the Great Recession. This wage growth is 4.4% greater than the national average of 25.7%. The average weekly wage in Oregon of $1,020 is 7.9% below the national average of $1,101. The gap between the national average has widened from 11.7% a widening of 3.8% since the end of the recession.
Sector Growth
Business Sector Growth
| Sector | 2018 | 2009 | Pct Chg |
|---|---|---|---|
| Other services | 24,205 | 14,344 | 68.7% |
| Professional services | 16,903 | 12,711 | 33.0% |
| Construction | 14,385 | 13,152 | 9.4% |
| Retail trade | 14,013 | 13,281 | 5.5% |
| Healthcare | 13,695 | 11,428 | 19.8% |
| Accommodation and food services | 11,809 | 9,900 | 19.3% |
| Wholesale trade | 9,026 | 9,081 | -0.6% |
| Waste services | 7,546 | 6,087 | 24.0% |
| Finance and insurance | 6,561 | 6,185 | 6.1% |
| Real estate and rental | 6,531 | 5,565 | 17.4% |
| Manufacturing | 6,274 | 5,765 | 8.8% |
| Agriculture and forestry | 4,460 | 3,456 | 29.1% |
| Information | 3,823 | 2,360 | 62.0% |
| Transport and warehousing | 3,406 | 2,959 | 15.1% |
| Educational services | 2,114 | 1,581 | 33.7% |
| Arts and entertainment | 2,052 | 1,691 | 21.3% |
| Company management | 1,355 | 966 | 40.3% |
| Utilities | 244 | 216 | 13.0% |
| Mining and oil extraction | 136 | 143 | -4.9% |
The sector that has had the strongest growth [in number of businesses] is the Other services sector, which has increased by 68.7% since 2009. The sector that has has the largest decline is the Wholesale trade sector, which has declined by 0.6% since the recession.
Employment Sector Growth
| Sector | 2018 | 2009 | Pct Chg |
|---|---|---|---|
| Healthcare | 257,968 | 191,100 | 35.0% |
| Retail trade | 211,011 | 182,873 | 15.4% |
| Manufacturing | 194,612 | 166,578 | 16.8% |
| Accommodation and food services | 183,225 | 140,714 | 30.2% |
| Construction | 104,464 | 72,546 | 44.0% |
| Waste services | 102,933 | 79,243 | 29.9% |
| Professional services | 96,988 | 69,330 | 39.9% |
| Other services | 77,171 | 60,781 | 27.0% |
| Wholesale trade | 75,234 | 75,172 | 0.1% |
| Transport and warehousing | 58,460 | 46,242 | 26.4% |
| Finance and insurance | 56,994 | 56,930 | 0.1% |
| Agriculture and forestry | 51,572 | 44,829 | 15.0% |
| Company management | 48,513 | 30,733 | 57.9% |
| Information | 34,180 | 32,986 | 3.6% |
| Educational services | 30,998 | 25,439 | 21.9% |
| Real estate and rental | 27,837 | 24,977 | 11.5% |
| Arts and entertainment | 27,472 | 21,796 | 26.0% |
| Utilities | 4,795 | 4,711 | 1.8% |
| Mining and oil extraction | 1,933 | 1,676 | 15.3% |
The sector that has had the strongest employment growth [in number of employees] is the Healthcare sector, which has increased by 35.0% since 2009. The sector that has has the largest employment decline in number of employees is the sector, which has declined by 0.0% since the recession.
Weekly Wage Growth By Sector
| Sector | 2018 | 2009 | Pct Chg |
|---|---|---|---|
| Company management | $2,282 | $1,388 | 0.0% |
| Utilities | $1,953 | $1,565 | 0.0% |
| Information | $1,691 | $1,189 | 0.0% |
| Finance and insurance | $1,564 | $1,129 | 0.0% |
| Professional services | $1,534 | $1,113 | 0.0% |
| Wholesale trade | $1,403 | $1,189 | 0.0% |
| Manufacturing | $1,359 | $1,030 | 0.0% |
| Construction | $1,164 | $902 | 0.0% |
| Mining and oil extraction | $1,151 | $853 | 0.0% |
| Healthcare | $991 | $833 | 0.0% |
| Transport and warehousing | $947 | $753 | 0.0% |
| Real estate and rental | $880 | $599 | 0.0% |
| Educational services | $733 | $594 | 0.0% |
| Waste services | $719 | $554 | 0.0% |
| Agriculture and forestry | $705 | $503 | 0.0% |
| Other services | $658 | $513 | 0.0% |
| Retail trade | $605 | $493 | 0.0% |
| Arts and entertainment | $567 | $425 | 0.0% |
| Accommodation and food services | $417 | $302 | 0.0% |
The sector that has had the strongest wage growth is the Unclassified sector, which has increased by 0.0% since 2009. The sector that has has the smallest wage growth is the Retail trade sector, which has declined by 0.0% since the recession.
Industry Growth
Business Industry Growth
| Industry | 2018 | 2009 | Pct Chg |
|---|---|---|---|
| Private households | 13,338 | 4,717 | 0.0% |
| Residential building construction | 5,028 | 3,652 | 0.0% |
| Wholesale trade agents and brokers | 3,157 | 4,946 | 0.0% |
| Religious organizations | 2,909 | 2,895 | 0.0% |
| Computer systems design and related services | 2,557 | 1,816 | 0.0% |
| Management consulting services | 2,373 | 1,471 | 0.0% |
The top industry that has had the largest increase in the number of businesses is the Private households industry, which has increased by 0.0% since 2009. The top industry that has has the largest decline in the number of businesses is the Wholesale trade agents and brokers industry, which has declined by 0.0% since the recession.
Employment Industry Growth
| Industry | 2018 | 2009 | Pct Chg |
|---|---|---|---|
| General medical and surgical hospitals | 58,118 | 52,889 | 0.0% |
| Management of companies and enterprises | 48,513 | 30,733 | 0.0% |
| Temporary help services | 37,128 | 24,014 | 0.0% |
| Offices of physicians | 34,014 | 26,939 | 0.0% |
| Supermarkets and other grocery stores | 32,109 | 28,805 | 0.0% |
The top industry that has had the largest increase in the number of employees is the Management of companies and enterprises industry, which has increased by 0.0% since 2009. The top industry that has has the largest decline in the number of employees is the Supermarkets and other grocery stores industry, which has declined by 0.0% since the recession.
Weekly Wage Growth By Industry
| Industry | 2018 | 2009 | Pct Chg |
|---|---|---|---|
| Investment banking and securities dealing | $4,027 | $3,052 | 0.0% |
| Spectator sports | $3,373 | $2,145 | 0.0% |
| Footwear merchant wholesalers | $3,176 | $2,888 | 0.0% |
| Media buying agencies | $3,038 | $1,294 | 0.0% |
| Portfolio management | $2,879 | $2,371 | 0.0% |
| Semiconductor and electronic component mfg. | $2,860 | $1,865 | 0.0% |
| Securities brokerage | $2,730 | $1,792 | 0.0% |
The top industry that has had the strongest wage growth is the Media buying agencies industry, which has increased by 0.0% since 2009. The top industry that has has the largest wage decline is the Footwear merchant wholesalers industry, which has declined by 0.0% since the recession.
Company Size
Business Growth By Company Size
The biggest percentage change in the number of businesses has been in businesses with 250 to 499 employees. The number of businesses with this number of employees has grown from 290 to 390, which is an increase of 34.5%.The smallest percentage change in the number of businesses has been in businesses with 5 to 9 employees. The number of businesses with this number of employees has grown from 21,176 to 24,226, which is an increase of 14.4%.
Table: Change in the number of Businesses by Size of Business, since the Recession:
| Company Size | Q1 2018 | Q1 2010 | % Change |
|---|---|---|---|
| Fewer than 5 Employees | 92,776 | 72,577 | 27.8% |
| 5-9 Employees | 24,226 | 21,176 | 14.4% |
| 10-19 Employees | 16,458 | 14,224 | 15.7% |
| 20-49 Employees | 10,886 | 8,486 | 28.3% |
| 50-99 Employees | 3,049 | 2,457 | 24.1% |
| 100-249 Employees | 1,608 | 1,224 | 31.4% |
| 250-499 Employees | 390 | 290 | 34.5% |
| 500-999 Employees | 109 | 93 | 17.2% |
| More Than 1,000 Employees | 53 | 40 | 32.5% |
Employment Growth by Company Size
The biggest percentage change in the number of employees has been in businesses with 1,000 or more employees. The number of employees in companies this size has grown from 74,933 to 116,118, which is an increase of 55.0%.The smallest percentage change in the number of employees has been in businesses with 5 to 9 employees. The number of employees with this number of employees has grown from 138,683 to 158,460, which is an increase of 14.3%.
Table: Change in the number of Employees by Size of Business, since the Recession:
| Company Size | Q1 2018 | Q1 2010 | % Change |
|---|---|---|---|
| Fewer than 5 Employees | 135,965 | 116,042 | 17.2% |
| 5-9 Employees | 158,460 | 138,683 | 14.3% |
| 10-19 Employees | 220,701 | 188,696 | 17.0% |
| 20-49 Employees | 322,772 | 249,805 | 29.2% |
| 50-99 Employees | 206,242 | 165,310 | 24.8% |
| 100-249 Employees | 239,992 | 180,633 | 32.9% |
| 250-499 Employees | 131,327 | 98,894 | 32.8% |
| 500-999 Employees | 74,027 | 61,787 | 19.8% |
| More Than 1,000 Employees | 116,118 | 74,933 | 55.0% |
Weekly Wage Growth by Company Size
The biggest percentage change in the average weekly wage has been in businesses with 1,000 or more employees. The average weekly wage in companies this size has grown from $1,509 to $2,079, which is an increase of 37.8%.The smallest percentage change in the average weekly wage has been in businesses with 500 to 999 employees. The average weekly wage in companies this size has grown from $1,181 to $1,386, which is an increase of 17.4%.
Table: Change Average Weekly Wage by Size Since the Recession:
| Company Size | Q1 2018 | Q1 2010 | % Change |
|---|---|---|---|
| Fewer than 5 Employees | $902 | $664 | 35.8% |
| 5-9 Employees | $758 | $577 | 31.4% |
| 10-19 Employees | $773 | $608 | 27.1% |
| 20-49 Employees | $834 | $657 | 26.9% |
| 50-99 Employees | $981 | $731 | 34.2% |
| 100-249 Employees | $1,020 | $778 | 31.1% |
| 250-499 Employees | $1,202 | $948 | 26.8% |
| 500-999 Employees | $1,386 | $1,181 | 17.4% |
| More Than 1,000 Employees | $2,079 | $1,509 | 37.8% |
Data Sources
About the Writer
