Here is The Oregonian’s weekly look at the numbers behind the state’s economy. View past installments here.
The pandemic recession was the steepest, deepest economic collapse in Oregon history.
But not for everyone.
More than one in 10 Oregon jobs paying below $35,000 a year disappeared in the early weeks of the pandemic, according to a new report by Josh Lehner, with the state’s Office of Economic Analysis. Oregon’s jobless rate soared to an all-time high of 13.2%.
During the same period, though, Oregon actually added jobs paying more than $64,000 a year.
The data underscores the notoriously inequitable nature of the pandemic recession. Frontline workers in restaurants, bars, hotels, gyms, boutiques and many other fields were thrown out of work when the state ordered them shut down to contain the spread of the deadly coronavirus.
Nearly 20% of jobs in food preparation and “personal care” (which