Mid-Valley Economic Indicators—Linn County (Albany MSA)
From December 2015 to December 2016, Linn County’s private-sector gained 560 jobs while the public sector also gained jobs. The manufacturing industry led the private-sector employment gains over the year. Employment gains in the public sector were led by local education. Turnover rates fell during the last recession. The rates stayed low until the economy began to improve. The rates for all sectors combined in the Mid-Valley and the state have similar trend line. However, manufacturing turnover rates at the state level are lower than in the Mid-Valley. This is due to the structure of manufacturing in the Mid-Valley. Food and beverage manufacturing, the lowest paying manufacturing sector, is 18 percent of statewide manufacturing, while it represents 31 percent of Mid-Valley manufacturing.
For more information and/or to be added to the monthly e-mail distribution list, contact:
Will Summers, Workforce Analyst, Oregon Employment Dept.
Serving Linn, Marion, Polk, and Yamhill counties