Monday, November 16, 2009

Oregon's unemployment rate unchanged in October

Oregon's unemployment was 11.3 percent in October, which is the same as the revised September rate. One year ago the unemployment rate was 7.2 percent. The highest rate over the last year was 12.2 percent, which the state hit in May.

Oregon's nonfarm payroll employment dropped by 1,900 in October after a loss of 6,000 jobs in September. The largest losses were in manufacturing, construction, and leisure and hospitality. Two of the other major industries posted employment gains: professional and business services and financial activities.

Get all the details, including more information on employment changes by industry, in the full press release.

Note: The employment and unemployment figures mentioned here are seasonally adjusted.

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