Oregon's Unemployment Rate Dips Slightly

Nov 17, 2015

Oregon's jobless rate dipped to 6 percent in October, down from 6.2 percent the month before.
The state Employment Department says Oregon gained 2,100  jobs, led by construction, manufacturing, professional services and leisure and hospitality.

Nick Beleiciks is a state labor economist.

Credit Oregon Employment Department

Beleiciks: "…Oregon's job growth continues to be very strong. Over the last year, we've added 54,800 jobs. That's a growth rate of 3.2%. That's much faster than the U.S. growth rate of 2%."
The Employment Department has sharply revised its estimate for job losses in September-- from 5,300 to 900. The stats are updated each month to account for firms that report late.
The unemployment rate at this time last year was nearly 7%.
The two industries expanding the fastest during the past year: construction and health care and social assistance.
 

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