Monday, December 15, 2014

Oregon Reaches 20-Year Job Gains High

Oregon reaches 20-year jobs gain high

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Despite adding more jobs than at any point in the last 20 years, Oregon's unemployment rate continues to hold at the same levels it has occupied since last December.
The 7 percent rate in October was unchanged from the revised 7 percent figure (down from 7.1 percent) logged in September, according to the Oregon Employment Department.
The state added 9,900 jobs in October, the most since August 1995. The professional and business services (which added 2,700 jobs), manufacturing (which added 2,200) and health care and social assistance (2,000 jobs) all experienced pronounced gains.
The state's unemployment rate can remain unchanged even during periods of fluctuation because of the way job seekers are tracked.
Oregon's rate has remained between 6.8 percent and 7.1 percent since December 2013.

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