Local News

September Unemployment Ticks Up

SALEM, OR -- Oregon added 2400 new jobs in September, although statewide unemployment ticked up a tenth of a percent, last month, to 5.5%.  State Economist Nick Beleiciks says year-over-year job gains were widespread, with no major industries showing declines. "Oregon stacks up really nicely when it comes to over-the-year job-growth rate. Right now, we’re looking at 3.5% job growth over the year; that’s much faster than the US rate of 1.7%."

 

September's job gains were mostly in three sectors. "Most of the gains were in the Government sector, which has to do with local government, education and the school year starting up. There were also large gains in professional and business services and wholesale trade," says Beleiciks. Construction and Leisure & Hospitality lost the most jobs.

 

September's 5.5% unemployment rate is slightly less than it was a year ago. Oregon has added 95,000 jobs over the last year, while the labor force participation rate rose to just over 63%, from 61% a year ago.

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