The Rogue Workforce Partnership Quarterly Board Meeting will be held on April 28, 9 – 11 am.
Join Zoom Meeting: https://us02web.zoom.us/j/7286917462
Oregon Employment Department Workforce Analyst, Carlos Diaz, compiled an economic overview report of Manufacturing in the Rogue Valley. Included are employment numbers, wages, comparisons to the rest of Oregon, and projections related to the Manufacturing Sector. To read the report visit Manufacturing in the Rogue Valley on QualityInfo.
On Thursday, Feb 23, 2023, SOREDI and the Southern Oregon Education Service District (SOESD) are partnering to invite Manufacturing professionals to tour three of our regional High School CTE Manufacturing programs. Career and Technical Education (CTE) programs align instruction with our regional colleges while relying on recommendations from our workforce boards, economic development agencies, and their regional Industry Advisory Boards.
Review the latest employment reports from Guy Tauer, Regional Economist for:
For more regional economic information, visit QualityInfo.
Jackson County added 1,440 jobs over the year, an increase of 1.6% since November 2021 and Josephine added 850 jobs, an increase of 3.1%. Some of the industries fueling employment gains over the year in Medford were health care and social assistance (+910 jobs) and private education and health services (+790). Trade, transportation, and utilities lost 680 jobs. Josephine County saw private education and health services adding the most jobs (+370), while professional and business services lost 110 jobs. The Grants Pass MSA is now 390 jobs above the November 2019 pre-pandemic level. Both Josephine County and the state saw unemployment rates tick up a couple of percentage points, but are still near historic lows and Jackson County’s unemployment rate remained the same from last month at 4.7%.
You can find the Valley’s Employment Press Release that dives deeper into industry specific employment details.
Graph of the Month: Home Value over Time in the Valley
This month we take a look at typical home values in the Rogue Valley courtesy of Zillow housing data. The data used is for “mid-tier” priced homes that fall in the 35-65 percentile range of home prices for an area. Highlighted in the graph are the typical home values in 2019 and 2022, Oregon’s annual average home value increased by 40% in those 4 years. Jackson’s typical home gained 38% in value and Josephine’s 42%.
Articles of Interest