Tuesday, May 13, 2014

Oregon Unemployment Steady at 6.9% With Addition of 6,100 Jobs in April

Another good month for Oregon jobs in April.  Oregon added 6,100 jobs in April on a seasonally adjusted basis following a robust 8,900 in March.  This means the Oregon job market is growing at a 2.6% clip, substantially faster than the US average of 1.7%.  The Oregon unemployment rate remains unchanged from March at 6.9%.

As you can see from the graphs above, we have still not recovered all the ground we lost in the great recession but we are close.  The takeaway here is that hiring is pretty robust right now after years of no to very slow growth, this is a welcome change.

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