Covered Employment & Payroll | Redmond Economic Development Inc.
0 Articles
0 News
0 Properties
0 Page
0 Blog

Covered employment refers to jobs that are eligible for unemployment insurance. These covered jobs represent the vast majority of jobs in Central Oregon (~95%), a good barometer for employment and wage trends. Notably absent from the covered employment are self-employed, many agricultural jobs, and corporate officers.

The long economic expansion continued through 2019 with slowing, yet still strong rates of job growth. Total covered employment in Deschutes County rose to 85,730 in 2019, up 3 percent from 2018. The growth rate in 2018 was closer to 4 percent. Growth was largely concentrated in the private sector accounting for roughly 80 percent of all the jobs added in the past year.

Looking back over the past decade it has been a period of rapid and sustained growth. The private sector in Deschutes County added nearly 24,000 covered jobs, a staggering growth of over 45 percent since 2009. It wasn’t just jobs that were added, but also new businesses. There were roughly 8,875 private businesses with covered workers in 2019, up from 6,080 back in 2009. The expansion was driven by both employment growth from existing firms and relocation/ creation of new firms.

Perhaps more important than the expansion of the local economy has been the growth in wages for Central Oregon workers. Fast job growth and low levels of unemployment led to a tighter labor market across the region. In the past decade real wages (after adjusting for inflation) rose by over 14 percent for workers in Deschutes County. Real substantive gains for the local workforce.

Despite over a decade of growth the region and the nation plunged into recession at the end of the first quarter of 2020 due to impacts from the COVID-19 virus. It remains too early to know the true depth or length of this recession as the economic recovery will be tied to health outcomes and our ability to manage the health crisis. Despite the recent recession there is room for hope in the long-run as this recession is a reflection of an outside shock and does not represent some inherent weakness or vulnerability within the local economy.

2019 Employment by Industry Sector (covered employment data—covered by unemployment insurance)

 

Deschutes County

Central Oregon  

 Industry

Number of Employees

 Payroll

Average Pay

Number of Employees

 Payroll

 Average Pay

  Total Private Coverage

75,954

$3,536,070,716

$46,555

85,543

$3,927,993,944

$42,701

      Natural Resources & Mining

818

$34,413,943

$42,071

1,451

$60,692,648

$41,198

      Construction

6,758

$372,146,236

$55,068

7,226

$398,334,817

$52,463

      Manufacturing

5,649

$291,509,902

$51,604

7,621

$376,828,218

$46,127

      Trade, Transportation, & Utilities

16,041

$650,407,031

$40,547

17,988

$721,361,490

$32,881

      Information

1,762

$140,433,454

$79,701

2,026

$178,859,865

$91,911

      Financial Activities

3,391

$211,563,800

$62,390

3,665

$223,530,784

$49,634

      Professional & Business Svcs.

10,258

$573,211,029

$55,879

10,886

$597,864,885

$44,744

      Education & Health Svcs.

14,170

$820,213,332

$57,884

15,571

$884,750,074

$50,004

      Leisure & Hospitality

13,561

$320,929,114

$23,666

15,002

$351,055,390

$21,726

      Other Services

3,471

$116,741,071

$33,633

4,024

$130,021,896

$27,189

source: Oregon Employment Dept. Employment and Wages by Industry Summary Report 2019