Wednesday, May 18, 2011

Oregon Unemployment is down again

Unemployment is down to 9.6% now in Oregon. High number? Yes. On it's way down? Yes. Heading in the opposite direction than the national rate? Yes, again. All signs about the job market have been positive. We are 2 points lower than our peak at 11.6% which was almost 2 years ago in June 2009. And down from 9.9% last month.

It's a pretty diverse job creation too. All sectors were seeing increases. From hospitality to health, and of course tech manufacturing. The only sectors that saw decreases are government and financial.

Workers

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