A Snapshot of Oregon Firms by Size Class

by Andrew Grimoldby

July 10, 2026

In the first quarter of 2026, Oregon had just over 142,000 private firms that were subject to paying unemployment insurance taxes. Over 110,000 of these firms had at least one payroll employee in March.

More than 19 out of 20 firms (96%) with workers on their payrolls had fewer than 50 employees. While that left only 4,650 (4%) of firms with 50+ employees, they employed the majority (61%) of all workers and accounted for two-thirds (67%) of all wages paid in Oregon.

Oregon Firms with Payroll Employees, and Total Wages by Size Class First Quarter 2026 (Private Sector)
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Size Class by # of Payroll Employees Number of Firms % of Total Number of Employees* % of Total Total Wages (in thousands) % of Total
Total 110,265 100.0% 1,652,162 100.0% $31,058,555 100.0%
1-49 105,599 95.8% 639,332 38.7% $10,381,792 33.4%
1-4 66,494 60.3% 123,819 7.5% $2,272,316 7.3%
5-9 19,456 17.6% 128,677 7.8% $1,879,601 6.1%
10-19 12,242 11.1% 164,725 10.0% $2,560,228 8.2%
20-49 7,407 6.7% 222,111 13.4% $3,669,647 11.8%
50 and More 4,666 4.2% 1,012,830 61.3% $20,676,763 66.6%
50-99 2,472 2.2% 169,676 10.3% $3,042,325 9.8%
100-249 1,434 1.3% 216,414 13.1% $4,138,123 13.3%
250-499 439 0.4% 150,579 9.1% $3,018,386 9.7%
500+ 321 0.3% 476,161 28.8% $10,477,929 33.7%
 

Vast Majority of Firms Have Fewer than 50 Employees

There were 105,600 firms with fewer than 50 employees in Oregon in March 2026. They accounted for 96% of all firms statewide. Most of them had between one and four employees. The smallest payroll employers in Oregon were mighty in number, totaling 66,500, or 60% of all firms in the state. Despite their quantity, smaller firms collectively account for a much smaller share of overall employment than their larger counterparts. For example, the 60% of firms with one to four employees represented almost 8% of covered employment in March 2026 and 7% of total wages paid in the first quarter of 2026. On the other hand, the 321 largest firms in Oregon had at least 500 employees. The largest employers accounted for less than 0.5% of all private firms in the state. Yet they employed 29% of private-sector employees and paid 34% of the state’s total wages.

 

 

These distributions tend to remain stable from one year to the next, even as the overall number of firms, employees, and wages expands or contracts. This doesn’t mean that smaller firms are underperforming when it comes to job creation or that larger firms are experiencing a bonanza. Rather than providing us with information about the dynamics of job growth, size of firm data offers a snapshot of small and large firms in Oregon’s economy at a specific point in time.


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