Employment in Central Oregon: January, 2015

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FOR IMMEDIATE RELEASE: March 10, 2015 CONTACT INFORMATION: Damon Runberg, Regional Economist Damon.M.Runberg@oregon.gov (541) 388-6442 Employment in Central Oregon: January, 2015 Central Oregon finished the year with a strong increase in employment, though employment grew more quickly in Deschutes County than in Crook and Jefferson counties. Unemployment rates also declined in Crook, Deschutes, and Jefferson counties. Crook County: Despite recent layoffs in Crook County, the seasonally adjusted unemployment rate fell to 10.1 percent in January from 10.5 percent in December. The rate is down from the year-ago rate (11%), however these improvements are not statistically significant. 20% Oregon and Central Oregon Unemployment Rates Seasonally Adjusted, January 2010 - January 2015 Total nonfarm employment fell by 90 jobs in January. These losses were slightly more than the seasonal decline of 80 jobs typically seen this time of year. Monthly losses continue to be concentrated in the wood product manufacturing sector, which shed 40 jobs from December. 15% 10% 5% Oregon Crook Deschutes Jefferson 0% Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Jan-13 Jul-13 Jan-14 Jul-14 Jan-15 Annual revisions revealed that employment growth in Crook County was stronger than initially estimated. Total nonfarm employment was revised up by 120 jobs in December 2014. This job growth continued into 2015 as total nonfarm employment was up 80 from last January (+1.5%). Layoffs in wood product manufacturing over the past year (-110) continued to slow countywide job growth; however, these losses are more than made up for by growth in other industries. Deschutes County (Bend-Redmond MSA): The seasonally adjusted unemployment rate dipped to 7.1 percent in January from 7.6 percent in December. Unemployment levels are down from this time last year when it was 8.5 percent.

Employment Department News Release Page 2 of 6 March 10, 2015 Employment dipped by 600 jobs in January due largely to normal seasonal declines in retail trade and leisure and hospitality. January s declines were much lower than the expected decline of 1,640 jobs. Mining, logging, and construction added 40 jobs in January; the industry typically experiences large declines this time of year. This growth is likely due to the unseasonably warm weather that favored road and building construction. Deschutes County is adding jobs at a faster pace than initially estimated. Over the past year, total nonfarm employment rose by 4,550 jobs (+7%). The county only needs to add about 420 jobs on a seasonally adjusted basis to match the peak employment month prior to the recession. All private sector industries expanded over the past year. The largest gains were seen in mining, logging, and construction (+940); retail trade (+820); and professional and business services (+730). Jefferson County: The seasonally adjusted unemployment rate was 8.7 percent in January, down from 9.2 percent in December. The rate was 9.8 percent this time last year, a statistically significant decline. Jefferson County lost 90 jobs in January, less than the loss of 130 jobs typically expected this time of year. Total nonfarm employment was up 190 jobs over the past year (+3.3%). Private-sector employment growth was carried by strong gains in manufacturing (+60 jobs). Government employment posted significant job gains from last January due to expansion in local government (+110). Next Press Releases The Oregon Employment Department plans to release the February county and metropolitan area unemployment rates on Tuesday, March 24 th and the statewide unemployment rate and employment survey data on Tuesday, March 17 th.

Employment Department News Release Page 3 of 6 March 10, 2015 Workforce and Economic Research 2014 Benchmark March 10, 2015 Crook County Current Labor Force and Industry Employment Change From Change From Jan. Dec. Jan. Dec. Jan. 2015 2014 2014 2014 2014 Labor Force Status (Household Data) Civilian labor force 8,924 8,972 8,809-48 115 Unemployed 950 967 1,102-17 -152 Unemployment rate 10.6% 10.8% 12.5% XX XX Unemployment rate, seasonally adjusted 10.1% 10.5% 11.0% XX XX Employed 7,974 8,005 7,707-31 267 Nonfarm Payroll Employment (Establishment Data) Total nonfarm payroll employment 5,420 5,510 5,340-90 80 Total private 4,190 4,250 4,130-60 60 Mining and logging 90 90 100 0-10 Construction 190 220 210-30 -20 Manufacturing 680 710 770-30 -90 Wood product manufacturing 510 550 620-40 -110 Trade, transportation, and utilities 1,370 1,350 1,290 20 80 Wholesale trade 500 480 510 20-10 Retail trade 530 540 490-10 40 Transportation, warehousing, and utilities 340 330 290 10 50 Information 80 80 70 0 10 Financial activities 160 160 140 0 20 Professional and business services 290 290 260 0 30 Educational and health services 610 600 580 10 30 Leisure and hospitality 500 530 500-30 0 Other services 220 220 210 0 10 Government 1,230 1,260 1,210-30 20 Federal government 240 260 240-20 0 State government 220 220 200 0 20 Local government 770 780 770-10 0 Labor-management disputes 0 0 0 0 0 The most recent month is preliminary, the prior month is revised. Prepared in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics. Labor Force Status: Civilian labor force includes employed and unemployed individuals 16 years and older by place of residence. Employed includes nonfarm payroll employment, self-employed, unpaid family workers, domestics, agriculture, and labor disputants. Unemployment rate is calculated by dividing unemployed by civilian labor force. Nonfarm Payroll Employment: Data are by place of work and cover full- and part-time employees who worked or received pay for the pay period that includes the 12th of the month. The data exclude the self-employed, volunteers, unpaid family workers, and domestics. "Natural resources" includes only Logging (NAICS 1133).

Employment Department News Release Page 4 of 6 March 10, 2015 Workforce and Economic Research 2014 Benchmark March 10, 2015 Deschutes County (Bend-Redmond MSA) Current Labor Force and Industry Employment Change From Change From Jan. Dec. Jan. Dec. Jan. 2015 2014 2014 2014 2014 Labor Force Status (Household Data) Civilian labor force 82,147 81,669 78,656 478 3,491 Unemployed 6,106 5,971 7,620 135-1,514 Unemployment rate 7.4% 7.3% 9.7% XX XX Unemployment rate, seasonally adjusted 7.1% 7.6% 8.5% XX XX Employed 76,041 75,698 71,036 343 5,005 Nonfarm Payroll Employment (Establishment Data) Total nonfarm payroll employment 69,950 70,550 65,400-600 4,550 Total private 60,430 60,970 56,300-540 4,130 Mining, logging, and construction 4,860 4,820 3,920 40 940 Manufacturing 4,400 4,560 4,320-160 80 Durable goods 3,230 3,240 3,110-10 120 Trade, transportation, and utilities 13,750 14,020 12,730-270 1,020 Wholesale trade 1,830 1,840 1,730-10 100 Retail trade 10,360 10,520 9,540-160 820 Transportation, warehousing, and utilities 1,560 1,660 1,460-100 100 Information 1,530 1,540 1,430-10 100 Financial activities 4,340 4,400 4,100-60 240 Professional and business services 7,860 7,790 7,130 70 730 Educational and health services 11,390 11,460 10,720-70 670 Leisure and hospitality 9,970 10,040 9,670-70 300 Accommodation and food services 8,280 8,450 7,870-170 410 Other services 2,330 2,340 2,280-10 50 Government 9,520 9,580 9,100-60 420 Federal government 750 740 770 10-20 State government 1,350 1,340 1,270 10 80 Local government 7,420 7,500 7,060-80 360 Local education 4,580 4,610 4,350-30 230 Labor-management disputes 0 0 0 0 0 The most recent month is preliminary, the prior month is revised. Prepared in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics. Labor Force Status: Civilian labor force includes employed and unemployed individuals 16 years and older by place of residence. Employed includes nonfarm payroll employment, self-employed, unpaid family workers, domestics, agriculture, and labor disputants. Unemployment rate is calculated by dividing unemployed by civilian labor force. Nonfarm Payroll Employment: Data are by place of work and cover full- and part-time employees who worked or received pay for the pay period that includes the 12th of the month. The data exclude the self-employed, volunteers, unpaid family workers, and domestics. "Natural resources" includes only Logging (NAICS 1133).

Employment Department News Release Page 5 of 6 March 10, 2015 Workforce and Economic Research 2014 Benchmark March 10, 2015 Jefferson County Current Labor Force and Industry Employment Change From Change From Jan. Dec. Jan. Dec. Jan. 2015 2014 2014 2014 2014 Labor Force Status (Household Data) Civilian labor force 9,318 9,261 9,055 57 263 Unemployed 919 853 1,052 66-133 Unemployment rate 9.9% 9.2% 11.6% XX XX Unemployment rate, seasonally adjusted 8.7% 9.2% 9.8% XX XX Employed 8,399 8,408 8,003-9 396 Nonfarm Payroll Employment (Establishment Data) Total nonfarm payroll employment 5,890 5,980 5,700-90 190 Total private 3,390 3,440 3,320-50 70 Mining and logging 10 20 20-10 -10 Construction 70 80 60-10 10 Manufacturing 1,030 1,030 970 0 60 Wood product manufacturing 690 690 630 0 60 Trade, transportation, and utilities 800 820 800-20 0 Wholesale trade 120 130 150-10 -30 Retail trade 550 560 520-10 30 Transportation, warehousing, and utilities 130 130 130 0 0 Information 20 20 20 0 0 Financial activities 120 120 120 0 0 Professional and business services 140 130 130 10 10 Educational and health services 520 520 540 0-20 Leisure and hospitality 500 520 490-20 10 Other services 180 180 170 0 10 Government 2,500 2,540 2,380-40 120 Federal government 130 130 130 0 0 State government 350 350 340 0 10 Local government 2,020 2,060 1,910-40 110 Indian tribal 1,030 1,080 1,010-50 20 Labor-management disputes 0 0 0 0 0 The most recent month is preliminary, the prior month is revised. Prepared in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics. Labor Force Status: Civilian labor force includes employed and unemployed individuals 16 years and older by place of residence. Employed includes nonfarm payroll employment, self-employed, unpaid family workers, domestics, agriculture, and labor disputants. Unemployment rate is calculated by dividing unemployed by civilian labor force. Nonfarm Payroll Employment: Data are by place of work and cover full- and part-time employees who worked or received pay for the pay period that includes the 12th of the month. The data exclude the self-employed, volunteers, unpaid family workers, and domestics. "Natural resources" includes only Logging (NAICS 1133).

Employment Department News Release Page 6 of 6 March 10, 2015 The Oregon Employment Department and the U.S. Bureau of Labor Statistics (BLS) work cooperatively to develop and publish monthly payroll employment and labor force data for Oregon s metropolitan areas and counties. The estimates of monthly job gains and losses are based on a survey of businesses. The estimates of unemployment are based on a survey of households and other sources. The Oregon Employment Department payroll employment estimates are revised quarterly using information from unemployment insurance tax records. All department publications use data from this official Oregon series unless noted. The department also makes the BLS-produced nonfarm payroll employment series for metropolitan areas available. These are revised annually by BLS. The pdf version of the news release, including tables and graphs, can be found at www.qualityinfo.org/pressrelease/. To obtain the data in other formats such as in Excel, visit www.qualityinfo.org, select Economic Data, and choose LAUS or CES. To request the press release as a Word document, contact the person shown at the top of this press release. For help finding jobs and training resources, visit one of the state's WorkSource Oregon Centers or go to: www.worksourceoregon.org. Equal Opportunity program auxiliary aids and services available upon request to individuals with disabilities. Contact: (503) 947-1794. For the deaf and hard of hearing population, call 711 Telecommunications Relay Services.