And with global connections and the most
competitive cost of doing business on the
West Coast, Greater Portland is able to offer
the talent, infrastructure, and connectivity
that make the region a great place for business, and a quality of life that allows people
who live here to be skiing or surfing in just
one hour from the urban core.
Portland offers many advantages to workers
and employers alike, spanning from the downtown core and Willamette River to outlying
suburbs, including Hillsboro, Clackamas, and
Gresham, Oregon, and Vancouver, Washington. This means that employers have
options on where to locate where it makes
sense to their bottom line, while workers have
diverse career paths to choose from in the
private, public, and nonprofit sectors.
A TALENT MAGNET
Greater Portland has the advantage of draw-
ing on a widely talented and diverse work-
force exceeding 1.02 million. Greater Port-
land has experienced a 5-year population
growth rate of 4.8%, gaining 114,631 people
from 2010-2014. The region is expected to
gain an additional 400,000 people by 2035.
Greater Portland’s workforce is educated
holds a bachelor’s degree or higher.
force has at least a high school diploma.
year-over-year job growth of over 2%.
In looking to expand a company, the ability
to attract talent is of significant importance.
Greater Portland is one of the most significant
talent magnets in the nation with an annual
net migration of more than 4,000 people who
are 25 and older holding a bachelor’s degree
or higher. Of the largest 50 U.S. metro areas,
only Portland and Seattle ranked in the top
with the highest rate of attracting and retaining
young, college-educated migrants. This means
the region consistently attracts desired talent,
even throughout “boom and bust” cycles.
Portland supports numerous industries in
diverse areas. This is not an exhaustive list
but meant to give an idea of the breadth of
major business areas.
Portland is a hub for innovation and a workforce talent magnet.
With a metropolitan labor pool growing at 6 times the national
average, companies in Portland have an established recruiting
base with deep pools of skilled workers across all industry
sectors to draw upon, notably technology, software, clean tech,
footwear and active and outdoor apparel.