Employment department projects fewer Oregonians working

Employment department projects fewer Oregonians working

A study by state economists has found that labor force participation is at an historic low in Oregon and will trend that way for at least seven more years.

Oregon's labor force participation rate, the share of the population 16 years old and over that is employed or unemployed, was 63.4 percent in 2012. Oregon's participation rate has fallen from its peak in the late 1990s to its lowest level since the late 1970s, mirroring the national trend in participation. Three major reasons for falling participation rates are the aging workforce, younger workers' declining participation, and the results of the Great Recession.

Read more at the Statesman Journal.