Local News

Oregon's Unemployment Rate Drops Below 7 Percent for the First Time in Five Years

The last time the state's rate was lower was in August of 2008, when the rate was 6.7 percent.

 

State Economist Nick Bielichiks.  

 

"Oregon added 2900 non farm jobs in February.  The strongest major industries were construction and manufacturing that both added over one thousand jobs."

 

February marked the eighth consecutive month of job gains for the state.

 

During the recession, Oregon lost 150-thousand jobs and so far we've added 3 of the 4 lost jobs back.

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