Economy:Projections
Oregon to Add 170,000 New Jobs by 2033
Oregon to Add 170,000 New Jobs by 2033
Oregon's job growth will total 8% between 2023 and 2033. Private payrolls are expected to grow by 150,500 (9%), while government employment will increase by 10,700 (6%), and self-employment will grow by 8,800 (6%).
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.
Oregon Industry Projections, 2023-2033
Private Health Care and Social Assistance Leads Long-Term Employment Growth
Private health care and social assistance and construction are projected to grow the fastest, with 13% growth each from 2023 to 2033. Health care and social assistance is also projected to add the largest number of jobs at 37,200. Growth in health care and social assistance is driven by the aging of the state's population and longer life expectancies.
Gains in construction can be attributed to strong projected growth in the specialty trades industry which includes establishments that perform activities such as site preparation, plumbing, painting, and electrical work.
Oregon's Fastest-Growing Industries 2023-2033
Fastest Growing Industries
Detailed industries with the fastest job gains over the next 10 years include many in the health care and professional and business services sectors.
Oregon Industry Groups with Fastest Job Declines, 2023-2033
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, 2023-2033
Job Openings by Industry, 2023-2033
The health care and social assistance sector is expected to have the greatest number of job openings between 2023 and 2033. 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.
Job Openings by Occupational Group in Oregon,2023-2033
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 in Oregon, 2023-2033
Fastest-Growing Occupational Groups
Computer and mathematical occupations are projected to grow the fastest of any occupational group from 2023 to 2033 as demand increases for workers who can model, interpret, and analyze data.
Healthcare support occupations are projected to grow the second fastest. The growing elderly population, which typically has increased healthcare needs compared to younger groups, will in turn increase demand for caregiving and therapy services.
Fastest-Growing Occupations
Fastest-Growing Occupations
Health care occupations and those associated with health care (including mental health and animal care) accounted for 7 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.
2023 Employment by TypicalEntry-Level Education
Typical Entry-Level Education
In 2023, 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.
2023 Employment by TypicalCompetitive Education
Typical Competitive Education
In 2023, 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.
Job Growth by Typical Entry-LevelEducation, 2023-2033
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 doctoral or professional degree occupations.
Regional Employment Projections, 2023 - 2033
Regional Employment Projections, 2023-2033
All areas of Oregon are expected to add jobs between 2023 and 2033. The two areas projected to grow faster than Oregon's rate of 8% are Central Oregon (9%) and the Portland Tri-County area (9%). Southwestern Oregon (5%) is projected to grow the slowest.