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

7 industry trends of 2015

The Latest
Friday, January 09, 2015
covertrends15-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Industry groups identify top trends for 2015.


Read more...

Will Medford Ever Be Cool?

February 2015
Friday, January 23, 2015
BY DAN COOK | PHOTOS BY JASON E. KAPLAN

A real-estate developer and a Lithia Motors executive aim to revamp the city's forlorn downtown.


Read more...

VIDEO: The 2015 100 Best Companies to Work For in Oregon

The Latest
Friday, February 27, 2015

videothumbVIDEO: 2015 100 Best Companies to work for in Oregon


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...

10 Twitter highlights from #OR100Best

The Latest
Friday, February 27, 2015
100bestBY OB STAFF

Oregon Business held its  22nd annual 100 Best Companies to Work For in Oregon celebration Thursday night in the Oregon Convention Center.


Read more...

A legislative preview — and celebration

Linda Baker
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...

Imperial Palate

February 2015
Tuesday, January 27, 2015

Power Lunch at the Imperial.


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