Home Must Reads Lane County jobless rate falls to 8 percent

Lane County jobless rate falls to 8 percent

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Wednesday, May 22, 2013

Lane County's unemployment rate fell to 8% in April, the lowest it has been since September 2008.

“Ticking down two-tenths of a percent for one month isn’t an indication (that a recovery is taking hold), but the general trend for the past couple of years has been down,” Rooney said.

One factor driving the decline is that the civilian labor force — a figure that includes the self-employed and farm workers — is declining because more people are retiring, he said. The civilian labor force had 173,141 people in April, down from 177,807 in April 2012.

Read more at The Register-Guard.

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