C.O. job numbers recover from ‘pandemic shock’; unemployment rates again close to record lows

Deschutes County leisure-hospitality employment leap nearly 1/3 in a yr

BEND, Ore. (KTVZ) — Central Oregon posted modest work gains on a seasonally altered foundation in February, but continue to reveals powerful position gains above the past calendar year, recovering from the “pandemic shock,” the Oregon Work Department claimed Tuesday.

“Neighborhood unemployment prices have seen exceptional improvement and are fast approaching record reduced concentrations from prior to the pandemic,” the report from Regional Economist Damon Runberg said.

Here is Runberg’s Large Desert positions report for February:

Crook County: The seasonally modified unemployment charge fell to 5.2% in February, down from 5.4% in January. The unemployment price is now fewer than 1 proportion level away from the record very low ranges before the pandemic in February 2020 when it was 4.4%.

Criminal County posted a tiny acquire of 20 work in February. Generally there is tiny change to the employment circumstance this time of calendar year. Employment degrees in Crook County are up 7.5% from pre-pandemic degrees in February 2020 (+500 jobs).

The county additional 490 positions in the last yr (+7.7%), the second-speediest rate of job development amongst Oregon’s 36 counties. Occupation gains continue to be concentrated in construction (+140 positions) leisure and hospitality (+120) info (+80) and regional government (+70). The only task loss was a modest decline of 30 employment in private education and wellbeing services.

Deschutes County (Bend-Redmond MSA): The seasonally modified unemployment amount dropped in February to 3.8% from 4.% in January. The unemployment charge is only .5 share point above the history low of 3.3% before the onset of the pandemic.

The Bureau of Labor Statistics estimates that Deschutes County additional 370 work in February. This signifies a modest seasonally modified gain of 220 work as the local financial state usually posts very little change to the employment problem this time of yr.

Employment estimates for February 2022 exceeded February 2020 stages right before the onset of the pandemic by 1,340 positions (+1.5%). Centered on these estimates, full nonfarm employment in area enterprises has recovered from the pandemic shock.

Deschutes County’s total nonfarm employment expanded by a fast 7.1% (+5,870 careers) from February 2021. The bulk of these position gains are in the leisure and hospitality sector, which additional 3,270 work opportunities in the past calendar year (+32.8%). Other quick-escalating sectors integrated production, neighborhood government training, development and money actions.

Jefferson County: The seasonally adjusted unemployment charge dropped to 4.8% in February, down from 5.1% in January. The unemployment fee is fast approaching levels in February 2020 when it was 4.1% right before the initially impacts from COVID-19.

Whole nonfarm employment rose by 50 careers in February, more robust gains than typically predicted this time of year. Employment levels in Jefferson County continue to be down 160 employment (-2.3%) from levels just right before the onset of the pandemic in February 2020.

Jefferson County additional 120 work opportunities in excess of the previous calendar year (+1.9%), a great deal slower expansion than other pieces of Central Oregon. Job gains had been largely concentrated in Indian tribal government (+70 employment) and leisure and hospitality (+60). In excess of the previous calendar year, there have been notable losses in personal education and health solutions, as properly as production, with each and every sector shedding 40 jobs.

Up coming Push Releases

The Oregon Employment Office options to launch the March county and metropolitan space unemployment charges on Tuesday, Apr. 19 and the statewide unemployment level and work survey details for March on Wednesday, Apr. 13.