Portland Employment Growing “Fairly Fast”
Portland employment grew 5.2% in the 12 months ending in September, “fairly fast compared to the 50-largest metropolitan areas nationally,” writes Workforce Analyst/Economist for Multnomah County Jake Procino in the most recent Multnomah County Economic Indicators report.
The city also passed an important milestone this summer, according to Procino, having recovered all of the jobs lost in early 2020 by July 2022. Meanwhile, Portland’s September unemployment rate of 3.6% was nearly equal to the national rate of 3.5%.
 |
| October 2022 Multnomah County Economic Indicators | QualityInfo.org |
Read the full report at QualityInfo.org, the Oregon Employment Department’s workforce and economic information website.
HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners throughout Oregon and Washington. Build your legacy at http://www.hfore.com