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Prime-Age EPOP by State Oregon Office of Economic Analysis May 2017

State Prime-Age EPOP

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Prime-Age EPOP by State

Oregon Office of Economic AnalysisMay 2017

Oregon Office ofEconomic Analysis

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Healthy State Labor Markets

43

26

20

15

2

05

101520253035404550

Total NonfarmEmployment

UnemploymentRate

ParticipationGap

Wants Full-TimeJob

Prime-AgeEPOP

U.S. States at Full EmploymentNumber of States Regaining Pre-Great Recession Labor Markets

Calculations Total Nonfarm: SA 3MMA, Apr '17 vs pre-recession peak. Discrepencies: AK, ND count as no, MI, OK, RI count as yes. Unemp Rate: if state rate in Apr '17 was lower than or within 0.1% from pre-recession low. Participation Gap: Apr '17 LFPR relative to demographically adjusted full employment LFPR. Wants Full-Time Job: if 2017q1 share of LF that is part-time for economic reasons is below the state's 2005-07 average share. Prime-Age EPOP: 12 MMA, if Mar '17 prime-age EPOP above pre-recession peak prime-age EPOP | Sources: BLS, Census, IPUMS-CPS, Oregon Office of Economic Analysis

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Share of Prime Working-Age Population with a JobMarch 2017 Relative to Pre-Great Recession Peak for Share of 25-54 Year Olds with a Job

Data: 12 MMA | Source: IPUMS-CPS, Oregon Office of Economic Analysis

> 0%

< -3%

-1% to 0%-2% to -1%

-3% to -2%

Percentage Point Difference

U.S.A. -2%

Oregon Office ofEconomic Analysis

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Pacific Northwest EPOP

OR has recovered across all age cohorts. Except teenagers

ID has recovered across most age groups. EPOP for middle-aged Idahoans is low. OR looked exactly like this in 2015.

MT generally lower across all age groups, with noisy data.

WA low across most age groups. Larger share of 60+ working, as seen in nearly all states.

Oregon Office ofEconomic Analysis

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Pacific Northwest EPOP

Data is noisy and based on relatively small sample sizes.

Oregon: Same general trends as U.S., however strong rebound in past two years.

Idaho: Largest decline among PNW states. Strong recovery thus far, but still room to go.

Montana: Started to see a recovery until the oil crash hit energy states starting in late 2014

Washington: Not much recovery in prime-age EPOP to date

Individual States

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[email protected](503) 378-4052

www.OregonEconomicAnalysis.com@OR_EconAnalysis

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