Tuesday, May 17, 2016

Oregon Adds Jobs at Brisk Pace in April

Oregon’s payroll employment grew by 5,700 in April, following a revised gain of 3,800 in March. The April gain was close to the average pace seen over the past 12 months. Oregon’s unemployment rate held steady at 4.5 percent in April, the same as it was in March, and down significantly from 5.7 percent in April 2015.
In April, several major industries added jobs at a brisk pace. Professional and business services hired the most, adding 2,400. Next in line was government, which added 1,500. Three other industries added close to 1,000: health care and social assistance (+1,100 jobs); construction (+1,000); and other services (+1,000).

Manufacturing dropped by 1,300 jobs in April. Most of those losses were in durable goods manufacturing; however, Oregon’s semiconductor and electronic component manufacturing industry added jobs in April.

A record 64,100 nonfarm payroll jobs were added in Oregon over the past 12 months, for an annual growth rate of 3.6 percent. The next closest over-the-year gain occurred in May 1997 when 61,500 jobs were added.

For more information on this month's news release, visit our press release page.

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