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1、Toensuredeliverytoyourinbox,pleaseaddCoO.barimaniCbre.8mtoyouraddressbk.CBREBriefEvolvingWorkforcesOregonJobMarketFewerLayoffsThanPre-PandemicCBRERESEARCHDECEMBER2023Theoddsofanationalrecessionin2024havedeclinedsincethesummermonthsof2023zalthoughtheCBREhouseviewholdsthatamildrecessionremainslikely.T
2、hetimingofanyrecessionhasshiftedinthepastquarter,asmostobservershadoriginallycalledforarecessionduringthefirsthalfof2023.TheFederalReservestightmonetarypolicy,initiatedin2022zhaspromptedwidespreaduncertaintyamongconsumersshoppingforhomesandbusinessesponderinginvestmentoptions.Thelinechartbelowillust
3、ratestheresiliencyofhiringactivity,whichhasgenerallyremainedaboveprepandemiclevelssinceMarch2021.ThedownwardtrendinmonthlyjobopeningssinceJuly2022isnoteworthy,however,andasofNovember2023,jobopeningsinOregonarejust2.6%higherthanthetwelve-monthpre-pandemicaverageof104,333jobs.MonthIyJobOpeningsinOregonState11qoo 20192020202120222023JanJanJanJanJanSource:U.S.BureauofLaborStatistics,CBREResearch,2023.
