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Douglas County Economic Indicators - March 2025

  • tcarpenter03
  • Apr 8
  • 2 min read

The March 2025 edition of the Douglas County Economic Indicators is attached and available at this QualityInfo.org link.

 

Over the year, Douglas County lost 70 jobs – essentially, employment was unchanged. Growth was led by public and private education and health services, with declines in professional services and leisure and hospitality. The seasonally adjusted unemployment rate was 5.4%, slightly higher than the same time in 2024.

 

This month’s special topic is turnover at private businesses. Looking at the longer time frame, average quarterly turnover at companies is down from where it stood in the early to mid-nineties. That’s positive news for businesses trying to keep the costs of finding replacement workers low. There seems to have been less volatility in the rate in Douglas County compared to Oregon.

However, turnover in some respects turnover represents a level of worker confidence. When the economy is doing well, it increases worker confidence that they can find a new role if they quit their job or pursue a new career, and turnover rates tend to increase. You can see that the low points in turnover rates in the graph coincide with the ramping up of recessions, in years like 2008 or 2020.

 

Although turnover declined over the year from 2022 to 2023, average rates were still higher than in those recessionary years in the most recent data.

 

This month’s articles included:                                                                                   

 

As always, the Indicators contain all the latest economic data on our area. If you have a data question or want to learn more about any of these topics, please don’t hesitate to reach out.

 

Henry L. Fields

Workforce Analyst/Economist

Serving Lane and Douglas counties

Oregon Employment Department

(541) 359-9178


 
 
 

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Copyright 2024. Southwestern Oregon Workforce Investment Board (SOWIB). All rights reserved. SOWIB is a proud partner of the American Job Center (AJC) network. SOWIB is an equal opportunity employer/program, committed to inclusive services. SOWIB is funded through the U.S. Department of Labor and the Oregon Higher Education Coordinating Commission’s Office of Workforce Investments. Accessible formats and communication supports are available upon request for individuals with disabilities.

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