Oregon's Employment Situation in August

On a seasonally adjusted basis, preliminary estimates from the federal Bureau of Labor Statistics (BLS) indicate nonfarm payroll employment in Oregon rose by 4,500 in August, following a loss of 1,100 in July. During the past 12 months, seasonally adjusted employment in the private sector added 37,000 jobs, or 2.7 percent. Meanwhile, government cut 6,300 jobs, or 2.2 percent.

In August, gains were seen in seven of the major industries. Educational and health services experienced the largest gain (+2,500 jobs). Manufacturing added 1,200, while five other major industries each added between 400 and 700. The only major industries showing substantial declines were financial activities (-1,300) and trade, transportation, and utilities (-600).

Oregon’s unemployment rate was 8.1 percent in August, essentially unchanged from 8.0 percent in July. The national unemployment rate was 7.3 percent in August and 7.4 percent in July. 

For more information on Oregon's employment situation, check out the full press release on QualityInfo.org.