Tuesday, December 13, 2011

Oregon Unemployment Drops to 9.1% in November

Oregon's November unemployment rate dropped to 9.1% in November, but the number of employed dropped by 1,600 on a seasonally adjusted basis.  Similar to the national data the drop in the rate of unemployment is due to the number of people who exited the labor force by no longer looking for work.  That number declined by almost 7,000 people.  So there is not a lot to cheer.  Especially noteworthy was the 2,300 decline in manufacturing jobs.

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