Benton and Gilliam counties had Oregon’s lowest seasonally adjusted unemployment rate at 3.0 percent in May 2018. Other counties with some of the lowest unemployment rates in May included Wheeler (3.1%) and Hood River (3.2%).
Eastern and Southern Oregon had higher unemployment rates in May 2018, which were still close to their record low unemployment rates since 1990. Grant County registered the
Miscellaneous
Oregon Adds 4,800 Jobs in May; Unemployment Rate Holds Steady at 4.1 Percent
Oregon’s unemployment rate was 4.1 percent in May. For 17 consecutive months, the rate has been at or near 4.1 percent, its lowest level since comparable records began in 1976. The U.S. unemployment rate dropped to 3.8 percent in May, from 3.9 percent in April.
In May, Oregon’s nonfarm payroll employment rose by 4,800 jobs, following a revised loss of 700 jobs in April. Four major industries
Oregon’s Wholesale Trade Industry
Wholesale trade companies are an integral part of the economy, functioning as intermediaries between manufacturers and the final end user customers. Another function is to store goods that neither the manufacturer nor the retailer can hold until consumers demand those products. From a manufacturer’s perspective, wholesalers create a manageable network of distribution channels to get their
April 2018 State of Oregon Economic Indicators
In case you missed it, save the date for this year’s Oregon Economic Forum. This is the University of Oregon State of Oregon Economic Indicators for April 2018. The release date is June 7, 2018. Special thanks to our sponsor,… Continue Reading →
2018 Oregon Economic Forum
Save the date! For sponsorship opportunities, please contact Tim Duy at duy@uoregon.edu. 15th Annual Oregon Economic Forum Reaching for Economic Equity and Inclusion in the Second Gilded Age Registration will be coming soon! October 17, 2018 Portland Waterfront Marriott 7:00–11:00 AM Breakfast… Continue Reading →
Employment and Wages in Oregon’s Real Estate Industry
Oregon’s real estate industry encompasses far more activities than just land, home, and commercial property sales. Real estate has eight component industries. Its largest component industry, real estate property managers, averaged nearly 9,600 jobs in 2017 or 45 percent of the real estate group’s covered employment. Offices of real estate agents and brokers averaged close to 3,900 jobs (18.1%),
Ability of Oregon Workers to Speak English Varies by Job Type
In Oregon, about 124,000 workers speak English less than “very well” according to the American Community Survey responses collected from 2012 to 2016. This represents 7 percent of all Oregon workers. This group includes workers who don’t speak English, speak English “not well,” and speak English “well.” About 167,000 workers (9%) speak another language and speak English “very well,” while about
March 2018 Oregon Regional Economic Indicators
Good morning. Attached is the University of Oregon Regional Economic Indexes for March 2018. The release date is today, May 29, 2018. We thank KeyBank for their generous support of this project. Oregon Regional Economic Indicators: The ongoing economic expansion… Continue Reading →
Labor Force Participation: Women Haven’t Waited on the Sidelines in Years
As labor force participation surged to record highs in the late 1990s, a large source of new labor force entrants were women who hadn’t worked in the past. By the late 1990s women had closed much of the gap with male participation rates, as male participation was already declining throughout the 1980s. Since reaching its peak in the late 1990s, women’s participation has also trended downward, as
April 2018 Employment and Unemployment in Oregon’s Counties
Wheeler County had Oregon’s lowest seasonally adjusted unemployment rate at 3.0 percent in April 2018. Other counties with some of the lowest unemployment rates in April included Benton (3.1%), Gilliam (3.2%), and Hood River (3.2%). Grant
County registered the highest
unemployment rate for the month at 7.2
percent.
Twelve of Oregon’s counties had
unemployment rates at or below the
statewide
