Local News

Oregon's Unemployment Rate Reaches a Five Year Low

For November, the rate dropped to 7.3 percent.  These rapid declines put Oregon's rate closer to the national rate.

 

State Economist Nick Bielichicks says Oregon has been adding significant jobs over the last year.

 

"Oreogn has added 5400 jobs in November, but we're been adding jobs for months.  Our growth trend is up for twelve of the last fifteen months."

 

Retail had rapid job gains in  November. Retail employed more than 200-thousand last month, which is nearly six thousand above last year's numbers.

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