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Looking for a job in a fast growing and high paying sector in Portland? See below

• The US now has enough job openings for every unemployed person in the country, and in Portland the number of unemployed people has not been this low since the year 2000. Given the wealth of options available to job seekers in Portland, what sector offers them the most opportunities and highest wages?

• Using the 3 digit NAICS codes for sectors that employ more than 1,000 people, the ‘Food services and drinking places’ sector employs the most people in the Portland metro at 81,725 people and has grown its employment base by 22 percent over the past 5 years. 

• However, a worker in the ‘Food and drinking places’ sector in Portland earned just $21,355 in 2017, or 36 percent of the average annual income in the metro.

• Job seekers should look to the ‘Financial investment & related activity’ sector if they want to earn on average 244 percent of the average annual income in the metro. But the industry has seen average annual wages grow 13 percent over the past 5 years, which is 2.6 percent slower than average wages across the metro.

• So if you’re looking for a job in a sector that employs a lot of people, is experiencing significant employment growth, pays high wages that are growing fast, look no further than the ‘Management of companies and enterprises’ sector which employs 36,650 people, growing by 65 percent in the past 5 years. The sector pays an average annual wage of $130,320, which has grown 47 percent since 2012.

Source: JLL Research, Oregon Office of Economic Analysis

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