Tuesday, August 14, 2012

Oregon Jobs Numbers and Unemployment Rate both Rose in July

Today's release of Oregon's employment situation for July brings mixed news.

Oregon's seasonally adjusted nonfarm payroll employment rose by 1,800 in July, marking five consecutive months of job growth. That's the first five-month streak of positive monthly job gains since March 2007.

In July, three major industries posted at least 1,000 additional jobs: government (+1,700); professional and business services (+1,300); and construction (+1,200). These gains were largely offset though, by losses in other services (-1,400), educational and health services (-1,200), and manufacturing (-1,000).

The latest figures show that Oregon's unemployment rate has risen slightly from its recent low of 8.4 percent. The seasonally adjusted unemployment rate was 8.7 percent in July. There were 177,800 unemployed Oregonians last month; 40 percent of them had been jobless for six months or more.

You can find more information about the latest employment and unemployment numbers in the full news release.

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