Construction Job Growth in Oregon Ranks Fourth in the US

Construction Job Growth in Oregon Ranks Fourth in the US

According to the Associated General Contractors of America (AGC), Oregon ranked No. 4 in the nation for seasonally adjusted construction job growth, adding 8,000 new workers from May 2022 to May 2023. This 7% year-to-year gain was third highest among all 50 states and District of Columbia. Statewide construction employment rose from 114,500 in 2022 to 122,500 in 2023 as several key projects are underway to increase affordable housing options across Oregon.

Texas led with 21,100 jobs added (2.7%) while Arkansas had the highest percent growth at 10.2%, adding 5800 jobs according AGC data which does not differentiate between residential and nonresidential construction workers; however both sectors experienced a roughly 10% wage premium compared with average wages statewide per Oregon Office of Economic Analysis figures for 2022 . Forty-two states plus D.C added jobs on the year while seven saw declines and Vermont remained unchanged over that period..

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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