50,000 Job Vacancies in Oregon this Spring, July 13

Oregon businesses reported 53,300 vacancies in spring 2015. That’s the largest number of vacancies ever captured by the Oregon Job Vacancy Survey, and an increase of 6,400 vacancies from the prior year. The growing number of vacancies reflects continued strength in Oregon’s labor market. The ratio of unemployed Oregonians to vacancies dropped to 2-to-1 in the spring, after spending a year at 3-to-1. The national unemployed-to-vacancy ratio was also 2-to- 1. The 2-to-1 ratio is consistent with a strong economy: Oregon’s Job Vacancy Survey last showed a ratio this low in the spring of 2008. Amid solid economic growth and with many available job openings, employers are having a harder time finding the workers they need. Statewide, businesses reported that 61 percent of job vacancies were difficult to fill in the spring. That’s the highest percentage in the two and a half years of the quarterly Job Vacancy Survey. “Many businesses are finding it’s getting more and more difficult to find skilled and qualified staff,” said Ken Madden, owner of Madden Industrial Craftsmen, Inc. and Chair of the Oregon Workforce Investment Board. “That’s going to be a major challenge in Oregon, with increasing job openings and the retirement of a whole generation of workers.” Businesses most commonly report a lack of applicants or a lack of qualified candidates as the primary reason for difficulty filling vacancies. In the spring, the occupations with the largest number of difficult-to-fill vacancies in Oregon included personal care aides, several leisure and hospitality occupations such as cooks and maids, and various computer and production occupations. Central Oregon businesses reported 6,300 vacancies in the spring. That’s 2,600 more vacancies compared with last spring. Central Oregon’s total was boosted by vacancies for wildland firefighters and leisure and hospitality workers. Central Oregon also reported the highest share of difficult-to-fill vacancies, at 71 percent.