Tuesday, July 16, 2013

Nonfarm Employment in Oregon Fell by 1,000 in June

This morning the Oregon Employment Department released the unemployment rate and employment estimates for June. Nonfarm payroll employment fell by 1,000 jobs, which was the first decline since September 2012. Large job gains in leisure and hospitality (+1,700) and professional and business services (+800) were offset by job losses in trade, transportation and utilities (-2,000) and educational and health services (-800). Revised estimates for May show a gain of 4,700 jobs, when a gain of 3,800 was initially reported. 

Oregon's seasonally adjusted unemployment rate was 7.9 percent in June, essentially unchanged from 7.8 percent in May. In June, 158,000 Oregonians were unemployed, which was 16,233 fewer than one year prior.

More information about the employment situation in Oregon can be found in the full news release. All figures in this post are seasonally adjusted preliminary estimates, which will be subject to revision as more complete information becomes available.

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