Home The Latest Oregon unemployment drops to lowest rate in three years

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

Why I became an educator

News
Tuesday, March 04, 2014
03.04.14 thumbnail teachBY DEBRA RINGOLD | GUEST CONTRIBUTOR

How can we strengthen the performance of institutions charged with teaching what Francis Fukuyama calls the social virtues (reciprocity, moral obligation, duty toward community, and trust) necessary for successful markets and democracy itself?


Read more...

Tech makes the world go round

Contributed Blogs
Thursday, March 20, 2014
03.20.14 thumb internetBY JASON NORRIS | GUEST BLOGGER

I don’t think anyone can (or should) remember what it was like to get things done without the internet. This milestone in technology has certainly benefited brick-and-mortar companies and subsequently launched a new era of businesses.


Read more...

From the Editor: The human factor

March 2014
Tuesday, February 25, 2014

In this issue, we celebrate our 21st annual 100 Best Companies to Work For in Oregon project.


Read more...

Wheel man

March 2014
Tuesday, February 25, 2014
BY LINDA BAKER

Les Schwab has put a premium on customer service since 1952, when legendary namesake Les Schwab founded the company with one store in Prineville. (Schwab died in 2007.) But if the corporate principles remain essentially the same, the world around this iconic Oregon business has changed dramatically.


Read more...

What I'm reading: Brad Smith & Travis Boersma

March 2014
Tuesday, February 25, 2014

Brad Smith, founder of Hot Pepper Studios, and Travis Boersma, president of Dutch Bros. Coffee, share their recent reads.


Read more...

Barrister bands

March 2014
Tuesday, February 25, 2014
IMG 4691BY LINDA BAKER

An intellectual property attorney by day, 48-year-old Stoll Berne attorney Tim DeJong is a singer and guitarist by night.


Read more...

How to help your staff solve their own problems

Contributed Blogs
Friday, March 21, 2014
03.21.14 thumb coxcoffeeTOM COX | OB BLOGGER

During a recent talk to HR Directors, I asked if they saw leaders trying to solve every problem, instead of delegating to and empowering staff. Every head nodded. Every single one.


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