There have been a number of interesting items out there in the econ blogosphere in the past week which I wanted to pass along but not much time to comment on directly, so I leave you with these.
Over at The Economist, Ryan Avent discusses metropolitan growth in terms of GDP, population, migration, housing and income. Makes for an interesting read.
The next two graphs were making the rounds the other day. I cannot seem to track them down again, so I recreated them based on the household survey data from BLS. This is just another way of showing that the returns to education are high and the recovery in employment has been in the higher skilled positions (something I will discuss in more depth in a forthcoming report).
Finally, something a little more fun, seeing as it is my birthday and all. Recently CNN ranked the best beer towns in the US. Portland came in at #1 and Bend at #7. While that’s great news, I’m left wondering how you can find 6 other cities better than Bend, but I digress. In honor of our great breweries in the state, I pulled the latest employment data for breweries. It turns out we just hit a milestone at the end of 2012 with 1,000 direct brewery jobs within the beverage manufacturing industry.
Now, of course, this comes with a big caveat as this count does not include all the brewpub staff and wholesalers or distributors or those attached to the overall industry. Furthermore, some businesses are classified under food service and drinking places and not just breweries, but nevertheless the industry as seen strong growth and reaching new heights in terms of production, sales and employment. The Oregon Brewers Guild cites an industry employment figure of 5,650. But for the best analysis of the industry employment and geography I turn to the Employment Department’s work from last year. They took the OLCC license data and matched it with employer records to track the number of jobs reported at each business with a license to brew. Employment found about 4,650 jobs in 2011 among all those establishments and an industry that was growing rapidly even during these tough economic times. Lots of good information in their report and I suggest you follow the link if you want a broader scope of the industry in the state.