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SALEM, OR -- Oregon's unemployment rate his a new record low of 3.8% in March; that's the lowest since 1976 when comparable record-keeping began.

 

Employment Department Economist Nick Beleicicks says the low numbers are good for salaries. "Well, in a tight labor market like this, it’s a good thing for the workers who will likely see wage gains." He adds, "We've seen the average hourly wage increase faster than the rate of inflation in Oregon, since 2015."

 

But, he says that tight labor market isn't good for businesses with openings, "Employers are struggling to find enough workers; we hear that all the time. They tell us that two out of three of the vacancies they have are difficult to fill."

 

The state has added nearly 40,000 jobs over the last year, including 2,400 last month. In March, the three sectors adding the most jobs were Professional & Business Services, Government and Manufacturing.

 

 

 

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Help Puerto Rico

Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

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  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.