Tuesday, March 18, 2014

Oregon's February Unemployment Falls to 6.9%

Oregon's February unemployment dropped below 7% for the first time since August 2008 on the addition of 2,900 jobs.  The February unemployment rate was 6.9%.  The drop in the unemployment rate occurred despite healthy growth in the labor force (which is what would would expect and like to see in a recovery).  Big gainers were in construction and manufacturing.  All of this bodes well for a healthy Spring and Summer.

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