The Short- and Long-Term Economic Outlook Short-Term Update Jobs: - PowerPoint PPT Presentation

Oct 28, 2022 •365 likes •527 views

The Short- and Long-Term Economic Outlook Short-Term Update Jobs: PDX v US 3 3 Job Growth by Sector 2013Q2 v 2014Q2 12% 10% 8% 6% 4% 2% 0% -2% 4 4 Source: Brookings Metropolitan Monitor Unemployment 5 5 Median Household Income,

The Short- and Long-Term Economic Outlook
Short-Term Update
Jobs: PDX v US 3 3
Job Growth by Sector 2013Q2 v 2014Q2 12% 10% 8% 6% 4% 2% 0% -2% 4 4 Source: Brookings Metropolitan Monitor
Unemployment 5 5
Median Household Income, 2013 6 6 Source: US Census
Poverty, 2013 7 Source: US Census 7
Long-term: software is eating the world 8 8
The Great Decoupling 9 9
Changes in Employment by Skill Percentile, 1980-2005 Source: Autor and Dorn, American Economic Review , August 2013 10 10
Job market has collapsed for less educated workers $80,000 Master's + $70,000 $60,000 Bachelor’s $50,000 $40,000 AA or some college $30,000 HS degree $20,000 No HS degree $10,000 $0 1940 1980 2010 Source: ECONorthwest analysis of US Census data. Average Portland area wages (2010 dollars) by 11 educational attainment, labor force participants aged 25-64 11
Next up in the software revolution 12 12
A Chart You Should Keep
Source: An Economy 14 Doing Half its Job 14
Contact Portland Eugene Boise Seattle The KOIN Tower 72 W. Broadway, Eagles Center 500 Yale Ave. N. 222 SW Columbia Street Suite 206 223 North 6 th Street 1 st Floor Suite 1600 Eugene, OR 97401 Suite 430 Seattle, WA 98109 Portland, OR 97201 541-687-0051 Boise, ID 83702 206-262-8013 503-222-6060 208-918-0617 15 15

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