Home Must Reads Jobless rate stalls

Jobless rate stalls

| Print |  Email
Must Reads
Tuesday, May 22, 2012

Portland-area job gains pushed the unemployment rate below 8% for the first time since November 2008, but the slight drop is within the margin of error.

Employers added 4,100 jobs last month, for a net gain of only 500 after accounting for March cuts.

"The ups and the downs, I guess I've learned to expect that," Portland-region economist Amy Vander Vliet said. "Especially in this recovery, where there's no strong apparent indicator of growth. We haven't built up any momentum yet."

In all, the Portland area has added 10,800 jobs between April 2011 and April 2012, pushing down the unemployment rate from 9.2 percent to 7.9 percent. It's the biggest drop of any region in the state, in part because of size, diversity and industry mix, Vander Vliet said.

Read more at OregonLive.com.

{biztweet}oregon unemployment{/biztweet}

 

More Articles

Banishing oil burners reaps benefits for schools

News
Tuesday, April 01, 2014
04.02.14 thumb co2schoolsBY APRIL STREETER | OB CONTRIBUTOR

Three years ago, PPS set out to begin to convert the 1930s-era boilers from diesel/bunker fuel to cleaner-burning natural gas. Oregon’s largest school district has realized impressive carbon dioxide emissions reductions, setting an example for public and private institutions.


Read more...

Are millennials reshaping politics in the Pacific Northwest?

News
Wednesday, April 02, 2014

MillennialsThumbA new report explores the impact of millennials on Oregon's business and political climate.


Read more...

Downtime with Ron Green

March 2014
Tuesday, February 25, 2014
BY JESSICA RIDGWAY

Ron Green became president and CEO of Oregon Pacific Bank in August 2013.


Read more...

The 2014 List: The Top 34 Medium Companies to Work, For in Oregon

March 2014
Thursday, February 27, 2014

100best14logoWebOur 100 Best Companies project turned 21 this year, so pop open the Champagne. Our latest survey gives us plenty to cheer.

 


Read more...

Spring thaw

News
Thursday, April 17, 2014
Spring ThawBY JASON NORRIS | OB BLOGGER

The “polar vortex” of 2014 seems to have finally thawed and we believe this change in weather will bring more sunshine to the U.S. economy as well.


Read more...

Leader's bookshelf

Contributed Blogs
Friday, March 14, 2014
02.06.14 BooksBY TOM COX | OB BLOGGER

Five books that will make you a better leader.


Read more...

100 Best Companies to Work for in Oregon [VIDEO]

News
Monday, March 03, 2014

Screen shot 2014-03-03 at 11.26.47 AM

Check out interviews with employees from some of the 100 Best Companies to Work For in Oregon winners and find out what makes their company a great place to work.


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