Unemployment drops below 9 percent

| Print |  Email
Must Reads
Thursday, January 19, 2012

Oregon's unemployment rate dropped below 9% in December for the first time in three years.

The jobless rate was 8.9 percent last month, the lowest it's been since November 2008. It ticked down slightly from 9.1 percent the month before but remained higher than the national unemployment rate of 8.5 percent.
"We have made progress, and we still have more to do to get Oregonians back to work in all communities across the state," Gov. John Kitzhaber said in a statement.
Despite the improvement, nearly 176,000 people in Oregon who were looking for work remained unemployed. Excluding farm work and accounting for seasonal factors, the state Employment Department said the number of jobs has increased by just 4,600 since February 2011, or 0.3 percent. More than 1.6 million people are currently employed in Oregon.

Read more at CBS News.

{biztweet}oregon unemployment{/biztweet}

 

More Articles

Tackling the CEO-worker pay gap

January-Powerbook 2015
Thursday, December 11, 2014
BY OREGON BUSINESS STAFF

An SEC rule targets the disparity between executive and employee compensation, reigniting a long-standing debate about corporate social responsibility.


Read more...

The city as startup

Guest Blog
Wednesday, January 14, 2015
011415 citystartup-thumbBY NISHANT BHAJARIA | OP-ED CONTRIBUTOR

Startups in the growth phase are associated with a fresh infusion of capital — human and financial — a curiosity factor and products to disrupt the market and drive demand. Portland’s economy gives off the same aroma.


Read more...

Imperial Palate

February 2015
Tuesday, January 27, 2015

Power Lunch at the Imperial.


Read more...

Political theater

News
Wednesday, January 07, 2015
0107-orbizplansum14-thumbBY LINDA BAKER | OB EDITOR

The Oregon Business Plan Leadership Summit drew more than 1,000 people to the Oregon Convention Center yesterday.


Read more...

Convention Wisdom

February 2015
Monday, January 26, 2015
BY KIM MOORE

After more than a decade of wrangling, construction on a convention center hotel in Portland is slated to start this summer. But debate over project financing continues.


Read more...

Taking the lead in boosting Oregonians’ health and strengthening our economy

Contributed Blogs
Thursday, January 08, 2015
0108-injection-thumbBY CAMBIA HEALTH SOLUTIONS & OREGON BUSINESS COUNCIL | OP-ED

Businesses have a significant stake in the health of Oregonians. In fact, we cannot succeed without it. By committing to using our companies as levers for good health, we invest in our people, our business, our quality of life and our economy. 


Read more...

A legislative preview — and celebration

News
Friday, January 23, 2015
012315-speaker-thumbBY LINDA BAKER | OB EDITOR

The Northwest Environmental Business Council previews the 2015 legislative agenda as Hatch Oregon celebrates Oregon's new community crowdfunding rules.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS