Oregon unemployment drops to lowest rate in three years

| Print |  Email
The Latest
Tuesday, December 13, 2011

Seasonal retail hiring helped Oregon's unemployment rate fall to 9.1%, the lowest it has been in three years.

The sharp drop paralleled November’s national jobless rate, which also fell 0.4 percent, to 8.6 percent. But economists say the declines don't mean more people are finding jobs.
"Similar to the national data, the drop in the rate of unemployment is due to the number of people who exited the labor force by no longer looking for work," said Patrick Emerson, an Oregon State University economist, writing on his blog.
Oregon’s total employment, measured in a separate monthly survey, declined by 1,600 in November, following a revised loss of 600 in October. Gains in sectors including construction were offset by losses in leisure and hospitality, manufacturing, financial activities and government.

Read The Latest.

 

More Articles

Short Shrift:The threat of just-in-time scheduling

May 2015
Monday, April 27, 2015
BY AMY MILSHTEIN

Companies can benefit when they use software to meet staffing requirements and address employees' family and life commitments.


Read more...

Change at the pump?

The Latest
Tuesday, May 26, 2015
001thumbBY JASON E. KAPLAN | STAFF PHOTOGRAPHER

New Jersey and Oregon are the only two states in the U.S. that ban self serve gas stations. But these two holdouts may be ready to give up the game. New Jersey is considering legislation that would lift the state's ban on pumping your own gas. Oregon is considering smaller scale changes.


Read more...

An uncertain future

Guest Blog
Thursday, May 21, 2015
norristhumbBY JASON NORRIS | GUEST BLOGGER

Uncertainty is a part of doing business, whether in through the lens of investment opportunities and risks or the business of running an enterprise.


Read more...

Nine lives

Linda Baker
Friday, May 22, 2015
0f4f7bfBY LINDA BAKER | EDITOR

Roy Kaufmann always lands on his feet.


Read more...

Beneath the Surface

May 2015
Thursday, April 23, 2015
0515-goodhacker01 250pxwBY LINDA BAKER

On April 1 I attended a forum at the University of Portland on the sharing economy. The event featured panelists from Lyft and Airbnb, as well as Portland Mayor Charlie Hales. Asked about the impact of tech-driven sharing economy services. Hales said the new business models are reshaping the landscape. “But,” he added, “I don’t pretend to understand how a lot of this [technology] works.” 


Read more...

Much ado about data-driven organizations, for good reason

Contributed Blogs
Monday, April 13, 2015
bigdatathumbBY GRANT KIRBY | OP-ED CONTRIBUTOR

The mega-shift from technology-driven to data-driven organizations raises questions about Oregon’s workforce preparedness.


Read more...

Make the Case

May 2015
Monday, April 27, 2015

10 briefcases that mean business.


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