Major Components Contributions to Total Employment Growth: 1970-2022
Figure 11.
The discussion thus far has centered primarily on examining and comparing changes in the composition of Oregon’s employment compared with the nation over 1970-2022. Figure 11 focuses attention on how much each component contributed individually to Oregon’s employment growth over the 65-year period. The annual growth rate of Oregon’s employment averaged 2.05% over 1970-2022. Each component’s individual contribution to this total amounted to 1.51% for Wage and Salary Employment, 0.54% for Nonfarm Proprietors’ Employment and 0.00% for Farm Proprietors’ Employment, all of which sum to 2.05%.*
In order to gauge each component’s contribution to total employment growth the table above displays each component’s overall contribution to growth as a percent of total growth. Note, for example, Nonfarm Proprietors’ Employment’s overall percentage contribution to the average total growth over 1970-2022 of 26.19% was derived by: 26.19% = ( 0.54% ÷ 2.05% ) x 100.*
Oregon Major Components as a Percent of Total Employment: 1969 vs. 2022 and Component Contributions to Employment Growth, 1970-2022
Figure 12.
Figure 12 recaps the theme and distills the results presented throughout this analysis of the major components of employment. In 1969, Wage and Salary Employment comprised 83.1% of Oregon’s total employment. However, over the following 53-year period 1970-2022 Wage and Salary Employment accounted for only 73.6% of the annual growth in Oregon’s employment. As a result, by 2022 Wage and Salary Employment’s share declined to 75.5%.
Because Nonfarm Proprietors’ Employment alone accounted for 26.2% of Oregon’s total employment growth over 1970-2022, its share rose from 13.4% in 1969 to 23.2% in 2022. Farm Proprietors’ Employment, in turn, declined from 3.5% to 1.3% over the same period owing to its 0.2% contribution to the growth of Oregon’s total employment.
Source: Calculations by the United States Regional Economic Analysis Project (US-REAP) with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
April 2024
REAP_PI_SA1320_2100
Nonfarm Proprietors’ Employment for Oregon: 1969-2022
Source: Calculations by the United States Regional Economic Analysis Project (US-REAP) with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
April 2024
REAP_PI_SA1320_2220
Farm Proprietors’ Employment for Oregon: 1969-2022
Source: Calculations by the United States Regional Economic Analysis Project (US-REAP) with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
Source: Calculations by the United States Regional Economic Analysis Project (US-REAP) with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis