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Economic Anxiety in Oregon

December 7, 2016 --

oregon-clipclipBy Josh Lehner
Oregon Office of Economic Analysis Blog.

Economic anxiety, particularly among the white working-class, has been front and center this election cycle. At the least it is one of the two main topics, and for a good (valid) reason. While a lot of our office’s focus in recent months and years has been talking about the improvements in the economy, these largely reflect positive, short-term movements around the longer-term trends of stagnant incomes and fewer middle-wage jobs for a large part of the population. That distinction matters, particularly when it comes to forecasting a biennial budget. However we cannot lose sight of the long-run developments either. Our office has conducted quite a bit of research along these lines in recent years. What follows is an effort to pull them together as some sort of reference for those interested in reading more.

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