PORTLAND, Oregon (PORTLAND TRIBUNE) – Demand is evident for new jobs in certain industries like recreation and hospitality, health care, and professional and business services in Oregon’s immediate future. But for the manufacturing sector, various niche sectors experience more complicated ups and downs.
A report from November 22 The Oregon Department of Employment forecasts the state could create 317,600 jobs from 2020 to 2030, an increase of 16%. The report, which explains the recovery from low employment levels in 2020, found that this rate of employment growth is historically high.
As for manufacturing, the report found that the sector may not peak, creating 205,900 jobs – a growth of 11% – by 2030. Manufacturing industry peaked in 2006 at 207,300 jobs for Oregonians, with an all-time high in 1998 of 228,600.
In 2020, the manufacturing sector lost 12,700 jobs in Oregon, a drop of 6%, the status report says.
However, niche industries like transportation equipment manufacturing have an expected growth rate of 23% by 2030, and primary metal manufacturing projects a 16% increase by 2030 – overall. , these micro-sectors are expected to show growth. The three major manufacturing niches showing strong growth are computer and electronic product manufacturing, semiconductor and electronic component manufacturing, and food manufacturing.
Other industries with expected losses include news media, paper-related production and distribution, including paper mills, and retail, especially for electronics and home appliances.
According to state employment economist Gail Krumenauer, transportation equipment manufacturing is expected to create 2,500 jobs from 2020 to 2030, a growth rate of 23%. This sector includes the production of boats, recreational vehicles, airplanes and trucks.
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“There have been travel-related setbacks both during the COVID recession, and in some cases even slightly before, affecting companies in this industry,” Krumenauer told the Business Tribune. “Demand for these products is expected to rebound in the months and years to come. “
Employment in niche industries like primary metal manufacturing declined significantly from 2019 to 2020, Krumenauer said. Before the pandemic, this sector employed 9,500 jobs, and projections show a return to only 9,000 jobs.
“As of October 2021, the only types of manufacturing that were above their October 2019 levels were sawmills, other wood product manufacturing, and semiconductor manufacturing,” Krumenauer said. “It’s better to compare the same month to previous years because the numbers are not seasonally adjusted. “
Together, healthcare, recreation and hospitality, as well as professional and business services are expected to provide more than 50% of all new jobs in Oregon by 2030, and telemarketers are expected to decline.
The report found that Oregon employed 1,998,400 workers in 2020, and the state’s projected 16% employment increase by 2030 includes 8,300 freelance jobs, 25,700 government jobs and 283,500 jobs. in the private sector. Leisure and hospitality alone are expected to create 73,800 jobs.
According to the report, most job postings will be needed due to retirements, people making career changes, and new or expanding businesses. Even industries that show declining job growth will need to hire replacements for retirees or others making career changes, according to the report.