Economy:Projections
Oregon to Add More than 221,000 New Jobs by 2032
Oregon's job growth will total 10% between 2022 and 2032. Private payrolls are expected to grow by 194,100 (11%), while government employment will increase by 17,900 (6%), and self-employment will grow by 9,400 (7%).
For every new job added by growing and expanding businesses, Oregon employers will have another nine job openings requiring newly trained workers to replace those who leave the labor force or make a major occupational change.
Information Leads Long-Term Employment Growth
The information sector is projected to grow at the fastest rate, with 20% growth from 2022 to 2032.
Growth in the information sector is driven by the recovery of the motion picture and video industry from the pandemic recession and fast growth in data processing and software publishers.
Fastest Growing and Fastest Declining Industries
Detailed industries with the fastest job gains over the next 10 years include special food services, other transit and ground passenger transportation, and software publishers. Those with the biggest expected declines include computer and peripheral equipment manufacturing, newspaper and book publishers, printing and related activities, and business support services.
Declining Industries
Several industry groups with the biggest projected losses relate to news media, production and distribution of various paper-related products, and retail trade. These include computer and peripheral equipment manufacturing, newspaper, periodical, book, and directory publishers, pulp, paper, and paperboard mills, business support services, and electronic and appliance stores.
Job Openings by Industry, 2022-2032
The health care and social assistance sector is expected to have the greatest number of job openings between 2022 and 2032. Most job openings are projected due to the need to replace workers leaving their occupations.
Nine out of 10 total job openings are expected due to the need to replace workers who retire, leave the labor force for other reasons, or make a major occupational change, with the remaining openings due to new or expanding businesses.
Occupational Openings in Oregon
Nearly one out of four projected job openings over the next 10 years are expected to be a service-related job. All broad occupational categories in Oregon are expected to add jobs over the next 10 years.
Nine out of 10 total job openings are expected due to the need to replace workers who retire, leave the labor force for other reasons, or make a major occupational change, with the remaining openings due to new or expanding businesses.
Fastest-Growing Occupational Groups
The health care support occupational group is projected to grow the fastest over the decade from 2022 to 2032. The growing elderly population, which typically has increased healthcare needs compared to younger groups, will in turn increase demand for caregiving and therapy services.
Computer and mathematical occupations are projected to grow the second fastest as demand increases for workers who can model, interpret, and analyze data.
Fastest-Growing Occupations
Health care occupations and those associated with health care (including mental health and animal care) accounted for 8 of the 15 fastest-growing occupations.
As healthcare facilities increasingly use team-based healthcare models, demand will increase for nurse practitioners and physician assistants to provide patient care that would otherwise be provided by a doctor. Nurse practitioners also have the largest projected job growth for occupations that typically require a master's degree.
Typical Entry-Level Education
In 2022, six out of 10 jobs in Oregon typically required a minimum of high school education or less. To meet more competitive requirements for Oregon's jobs, six out of 10 required education beyond high school.
Typical Competitive Education
In 2022, six out of 10 jobs in Oregon typically required a minimum of high school education or less. To meet more competitive requirements for Oregon's jobs, six out of 10 required education beyond high school.
Projected Growth Rate by Entry-Level Education
Occupations that require a master's degree are projected to be the fastest-growing set of occupations, followed by associate's degree occupations, and bachelor's degree occupations.
Regional Employment Projections, 2022-2032
All areas of Oregon are expected to add jobs between 2022 and 2032. The two areas projected to grow faster than Oregon's rate of 10% are the Portland tri-county area (12%) and Central Oregon (11%). The Columbia Basin (7%), Eastern Six counties (7%) and Southwestern Oregon (6%) will grow the slowest.