Tuesday, May 15, 2012

Oregon Added 2,300 Jobs in April and 1,200 in March

This morning the Oregon Employment Department presented the latest statewide nonfarm payroll employment numbers published by the Bureau of Labor Statistics. Preliminary estimates show that Oregon added 2,300 jobs in April. The March employment numbers were revised to show a gain of 1,200 jobs. Oregon's unemployment rate continued its slow downward drift, coming in at 8.5 percent in April, which dropped slightly from the 8.6 percent rate in March.

Between March and April, Oregon added 10,400 jobs, when a gain of 8,100 would be the seasonal norm. That left a seasonally adjusted gain of 2,300 jobs over the month. All employment gains occurred in the private sector. Two industries led the pack: construction and professional and business services each added 1,700 jobs in April. The biggest losses occurred in trade, transportation, and utilities (-1,200 jobs) and educational and health services (-1,000).

Oregon's private sector added 10,200 jobs between April 2011 and April 2012. Meanwhile, government shed 6,200 jobs, leaving a net gain of 4,000 jobs over the year. Although the educational and health services and trade, transportation, and utilities sectors lost the most jobs from March to April, they added the most jobs from April 2011 to April 2012. Employment in trade, transportation, and utilities rose by 3,400 jobs over the year, while educational and health services grew by 3,200 jobs.

For more information, check out the full Oregon Employment Situation news release.

Unless otherwise explained, all figures in this post are seasonally adjusted.

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