Tuesday, October 19, 2010
Oregon Unemployment Stuck at 10.6%
Once again, Oregon's unemployment rate hasn't budged - for yet another month it was at 10.6% in September. Worse, the state shed another 1,800 jobs - however the shedding of government jobs was responsible for the negative number. The private sector added 1,600 jobs in September on a seasonally adjusted basis. So that is something, but not enough.
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My impression is that Oregon tends to enter, and leave, recessions a bit later than the rest of the states. Is this a correct inference, or merely a misunderstanding of recent history?
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