Oregon’s unemployment rate was 4.1 percent in September and October. The rate has been between 4.0 percent and 4.4 percent for an unprecedented 36 consecutive months dating back to November 2016. The U.S. unemployment rate ticked up from 3.5 percent in September to 3.6 percent in October.
Other measures of Oregon’s labor force also indicated a tight labor market in recent months. FewerRead More
In 2018, the unemployment rate for veterans in Oregon was 4.8 percent, according to the Current Population Survey. Overall, Oregon’s unemployment rate was 4.2 percent in 2018. Across the U.S., veterans had a lower unemployment rate of 3.5 percent.
About 296,000 veterans lived in Oregon in 2018. More than half of veterans (162,000) were not in the labor force. This figure could be related toRead More
The U.S. economic expansion turned 10 years old this summer, making it the longest expansion in recorded history. Locally, Oregon continues to add jobs and our unemployment rate remains at or near record lows. In addition, incomes are rising and initial claims for unemployment insurance (a measure of layoffs) are down. All told, the state’s economy continues to hit the sweet spot. How long willRead More
Most of Oregon’s counties had an increase in inflation-adjusted average wages from 2008 to 2018. Overall, the average wage for the entire state increased by $6,026 over those 10 years after adjusting for inflation.
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Happy Halloween! We’re treating you with some fun facts related to Halloween festivities.
The 2018 population of Oregonians under age 15 potentially in search of candy asking "trick or treat?"
The number of households statewide (2018) that children might pass by and/or visit while trick-or-treating
The number of confectionery and nut stores in Oregon that sold candy and
In recent years, society has been learning that mental health can be just as important as physical health. Oregon has joined in this trend, evidenced by the strong growth in mental health care workers around the state. Hospitals, clinics, and residential facilities employ thousands of trained mental health workers to help people get better. These jobs often pay better than average wages, but theyRead More