George Noorey

ON AIR NOW

George Noorey

12:00am - 6:00am

Contact
Local News


PORTLAND, OR -- The state's unemployment rate continues to drop, thanks to rapid job growth. State employment economist Nick Beleiciks says, "Oregon's unemployment rate dropped to 5.7% in November; that's down from 6% in October." He says that's more than a full percentage point lower than November 2014. The drop also moves the state's jobless rate closer to the national level, which is holding steady at 5%.

 

Oregon leads the nation in job growth, adding more than 58,000 positions so far this year. "Job growth over the year is running at about 3.3%; that’s right about where it was during the last expansion," says Beleiciks. Eight of Oregon's 13 leading industries added 800 jobs or more last month. Retail led the way, opening 2,400 positions, far more than its usual seasonal increase. 

Hide Comments

News
Traffic

 

 

  • NE 27th Street between NE Butler Market and Jill Avenue for roadwork related to roundabout construction, full road closure with detour, 4/13/20 - 7/27/20 
  • 15th Street between Knott Road and the new collector road for infrastructure installation, full closure of the roadway, 12/26/20 - 7/31/20 

 

KBND ON FACEBOOK
 
FOLLOW US ON TWITTER