Oregon saw rapid growth in payroll employment, adding 7,600 jobs in April 2015. This was on track with growth seen between September 2014 and January 2015, when the average month growth was at 6,200 jobs.
“Oregon’s economy, in terms of unemployment and job growth, is doing great and looks a lot like it did ten years ago during the last expansion,” says State Employment Economist Nick Beleiciks.
Growth between April 2014 and April 2015 hit 3.2 percent, similar to the pace seen during mid-2004 through 2006, when Oregon’s annual gains averaged 3.0 percent.
Oregon’s unemployment rate declined to 5.2 percent in April, down from 5.4 percent in March. This is the lowest rate for Oregon since July 2007.
Read the entire news release here: Oregon Employment Department Press Release.
County employment and unemployment rates for April will be available on Tuesday, May 27, 2015.