The Rise of Part-Time Employment in Oregon: A Decade High

Oregon’s labor market is undergoing significant changes, as evidenced by a recent report highlighting that the number of Oregonians working part-time jobs reached its highest level in a decade last year. With nearly 23% of the state’s workforce engaged in part-time employment—an increase of 4 percentage points from 2022—this trend signals a cooling off in the state’s labor market.

Understanding the Shift

According to Henry Fields, a workforce analyst for the Oregon Employment Department, the rise in part-time employment is not solely a matter of choice. While many individuals opt for part-time roles for the flexibility they offer, the increase may also indicate a tightening job market with fewer full-time opportunities available.

Unemployment Trends

Oregon’s unemployment rate has been steadily climbing over the past two years, now hovering around 5%, the highest level since the pandemic began. Concurrently, the number of job openings in the state has plummeted by more than half since 2022, dropping to approximately 50,000. While these figures align with historical standards, they nonetheless reflect a trend toward fewer professional opportunities in the state.

A Comparative Analysis

Fields notes that job growth in Oregon has lagged slightly behind national trends in recent years. This slower growth, coupled with a more relaxed labor market and diminished hiring demand, paints a picture of a state grappling with economic challenges.

Interestingly, Oregon has historically maintained a higher rate of part-time work compared to the national average. This discrepancy can be attributed to structural differences within the state’s labor market, as well as demographic factors.

The Role of Industry

One significant factor contributing to Oregon’s higher part-time employment rate is the state’s robust health care sector. Fields points out that Oregon has a comparatively larger share of jobs in health care and other service industries, which typically employ a significant number of part-time workers. In recent years, health care has been a focal point for job growth in the state, further influencing the part-time employment landscape.

Demographic Influences

Oregon’s aging population also plays a crucial role in the state’s labor dynamics. With a workforce that skews older, the presence of more workers aged 65 and above is likely impacting the overall share of part-time employment. Fields highlights that this demographic is one of the fastest-growing segments of the workforce, often opting for part-time roles that align with their lifestyle preferences.

Conclusion

The rise in part-time employment in Oregon reflects a complex interplay of economic factors, industry dynamics, and demographic trends. While the state’s labor market remains relatively strong, the increasing share of part-time workers raises questions about the availability of full-time opportunities and the overall health of the economy. As Oregon navigates these changes, it will be crucial to monitor how these trends evolve and what they mean for the future of work in the state.

For those interested in delving deeper into the numbers behind Oregon’s economy, the Oregonian’s "Oregon Insight" series offers valuable insights and analyses.