© 2024 KLCC

KLCC
136 W 8th Ave
Eugene OR 97401
541-463-6000
klcc@klcc.org

Contact Us

FCC Applications
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Oregon's Jobless Rate Drops to 5.4 %

www.purdue.edu

Oregon's unemployment rate fell to 5.4 percent last month. That's the first time the state's jobless numbers have inched below the national rate since 1996.

Stateeconomist Nick Beleiciks says this shows just how well Oregon's economy has improved over the last year.

"Earlier in the recovery, the job growth wasn’t as broad based. There were certain industries that were adding jobs. But other industries just weren’t adding. They weren’t growing. Now, all the major sectors are adding jobs. That's paying off. We're seeing far fewer unemployed people really since the start of the recession."

Economists say the mild winter helped weather dependent industries keep people employed.  Lower gas prices benefited Oregon consumers because they had more spending money.

A year ago, Oregon's March unemployment rate was at 7.1 percent.  The national jobless rate for last month is 5.5 percent.
 

Rachael McDonald is KLCC’s host for All Things Considered on weekday afternoons. She also is the editor of the KLCC Extra, the daily digital newspaper. Rachael has a BA in English from the University of Oregon. She started out in public radio as a newsroom volunteer at KLCC in 2000.
Related Content