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Rogue Valley Economic Brief – December

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Rogue Valley Economic Brief:

(from Carlos D. Diaz, Orgon Employment Department, Workforce Analyst/ Economist)

View the Rogue Valley November Labor Market Infographic on 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

Veterans Day and Congratulations A&M Transport Hire Veterans Medallion Award

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In honoring Veteran’s Day and National Military Family Appreciation Month, we are happy to share that A&M Transport (a local transportation sector employer) received a 2022 HIRE Veterans Medallion Program Platinum Award.  To see all the award recipients for 2022, visit the HIRE Vets website.

For Veteran related services from WorkSource Rogue Valley, visit their Veteran Services webpage, or to learn about careers that support Veterans including transportation-related careers and jobs visit RogueCareers.org.

Congratulations A&M Transport!

Rogue Workforce Partnership – Quarterly Workforce Board Meeting (October)

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The Rogue Workforce Partnership Quarterly Board Meeting will be held via Zoom on October 28th from 9 – 11 am. The meeting will be recorded and available the week following the meeting.

Agenda and Slide Deck

Video of the entire meeting or just the Economic Report(with Guy Tauer)

Join Zoom Meeting
https://us02web.zoom.us/j/7286917462

Meeting ID: 728 691 7462
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Meeting ID: 728 691 7462

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