Portland’s economy continues its positive momentum through 2013. According to the State of Oregon Employment Department the unemployment rate ended the year at 7.3%, an 80 basis point (bp) drop from a year ago. The region has experienced a year-over-year employment gain of 28,700 jobs. Improving consumer and business confidence has helped to fuel Portland’s private sector job market. Private sector employment has grown by 3% over the past year, the fastest pace of growth over the past six years according to the Oregon Employment Department.
Source : Cushman & Wakefield