Tuesday, July 13, 2021

Oregon Adds 7,500 Jobs, Unemployment Rate Drops to 5.6% in June

Oregon's unemployment rate continued its gradual improvement in 2021, dropping to 5.6% in June. This reflects more Oregonians getting back on the job. Nonfarm payrolls added 7,500 jobs in June.

Oregon has regained 64% of the jobs lost in spring 2020, compared with 70% for the U.S. While that still leaves quite a gap to return to pre-pandemic employment levels, the pace of hiring has been relatively fast in 2021. Oregon added 57,800 jobs in the first half of the year. Leading up to the pandemic, it took 22 months for Oregon to add about that many jobs.

In June, private health care and social assistance added the most jobs (+2,400). Other services -- which includes barber shops, hair salons, repair services, and others -- added 1,700 jobs over the month. Leisure and hospitality resumed hiring, adding 1,000 jobs.

While most sectors still have fewer jobs than before the pandemic, two private industries have more jobs now than they did in February 2020. Transportation, warehousing, and utilities is 4,400 jobs (or 6%) above its pre-pandemic employment level. Professional and technical services employs 3,100 (or 3%) more than before the pandemic recession.

More information about Oregon's employment situation is available in the video recap and the full news release.

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