Monday, December 5, 2011

Three Months of Modest Jobs Gains in Oregon

Oregon's seasonally adjusted unemployment rate was 9.5 percent in October, essentially
unchanged from 9.6 percent in September. The unemployment rate has been below
10 percent for the past seven months, since March, when the rate was 9.9
percent. The recent low point for Oregon's rate was in May, when it reached 9.3
percent.At 1,626,400, Oregon's seasonally adjusted nonfarm payroll employment has risen for three consecutive months following a loss of 3,300 in July, reflecting the recent trend of modest yet uneven job growth. Employment rose by 800 in October, following a revised gain of 2,700 in September.

What will the November data bring?
Tune in to the QualityInfo home page and watch the live news conference with Oregon's preliminary employment estimates at 10:00 a.m. on December 13!

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