The job market in Portland, OR, is experiencing significant growth and transformation, particularly in the tech sector. Portland's tech jobs are booming, with high demand for software developers, cloud architects, and cybersecurity analysts. The average tech salary in Portland is $92,000, with roles like AI/ML engineers earning up to $148,000. This growth is driven by major tech companies such as Intel and Amazon, as well as a vibrant startup scene.
The employment landscape in Portland is diverse, with a strong presence of tech, healthcare, and professional services. Data science roles are growing at a remarkable 38% rate, followed by cybersecurity analysts and software developers. The city's tech workforce makes up 13.5% of all office positions, with over 31,167 people employed in the sector.
Statistics show that Portland's tech sector is growing 8% faster than the national average. Software developers are looking at a 30% growth rate through 2032, with over 1,800 job openings annually. Cloud architects and cybersecurity experts are also in high demand, with average salaries of $132,648 and $84,000 respectively.
The unemployment rate in Portland has risen slightly but remains relatively low, standing at 4.2% in January 2025. Despite this, the labor force growth has been slow due to increasing retirements and a decline in net in-migration.
Major industries in Portland include tech, healthcare, and professional services. Key employers such as Intel, Amazon, Nike, and Airbnb are actively recruiting professionals in emerging fields like artificial intelligence, data science, and cybersecurity.
Growing sectors include data science, with mid-level salaries ranging from $110,131 to $123,925, and AI/ML engineering, which can earn up to $286,000 at the top end. The city's lower cost of living compared to other tech hubs like San Francisco or Seattle makes it an attractive location for tech professionals.
Recent developments include a rise in remote work, making Portland's tech scene more accessible for new graduates and career changers. However, seasonal patterns show that hiring has slowed down after the rapid recovery seen in 2021 and 2022.
Commuting trends are less documented, but the rise of remote work suggests a shift towards more flexible work arrangements. Government initiatives focus on supporting workforce development and addressing labor force challenges such as an aging workforce and declining net in-migration.
In terms of market evolution, Portland's tech ecosystem is becoming more sophisticated, with companies investing heavily in data-driven solutions and advanced technologies like real-time data processing and ethical AI practices.
Key findings include the strong growth in tech jobs, the high demand for specialized tech skills, and the competitive salaries offered despite a lower cost of living. The city's diverse employment landscape and the rise of remote work are also significant factors.
Current job openings include:
- **Software Developer**: With a growth rate of 30% through 2032 and average salaries around $92,000.
- **Cloud Architect**: Earning up to $132,648 annually, with high demand in the tech sector.
- **Data Scientist**: Seeing a 38% growth rate, with mid-level salaries between $110,131 and $123,925.