SOREDI

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Economic Indicators

Thanksgiving Fun Facts

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In this time of gratitude, we give thanks to you – our readers! We are grateful to be able to provide you with quality information on Oregon’s labor market so that you can make informed choices about your career, business, policy, grant, or project. On behalf of all of us at the Oregon Employment Department, Happy Thanksgiving! Countries celebrating Thanksgiving and similarly named holidays on

Thanksgiving Fun Facts

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In this time of gratitude, we give thanks to you – our readers! We are grateful to be able to provide you with quality information on Oregon’s labor market so that you can make informed choices about your career, business, policy, grant, or project. On behalf of all of us at the Oregon Employment Department, Happy Thanksgiving! Countries celebrating Thanksgiving and similarly named holidays on

October 2020 Employment and Unemployment in Oregon’s Counties

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In October 2020, all of Oregon’s 36 counties experienced over-the-month decreases in their unemployment rates. In 32 counties, unemployment rates dropped by half a percentage point or more. Lincoln County experienced the largest over-the-month decrease at 1.9 percentage points.Lincoln County had Oregon’s highest seasonally adjusted unemployment rate in October at 8.7 percent. Other counties with

COVID-19 Job Losses by Sector and the Two-Week Freeze

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 During the spring implementation of health and safety measures related to COVID-19, Oregon lost one out of every seven nonfarm payroll jobs. The loss of 285,000 jobs (-14.5%) in March and April was both stunning and unparalleled. By October, Oregon had regained nearly half (132,000 or 46%) of the spring job loss. Both the initial job losses and the recovery have differed quite a bit across

Oregon’s Unemployment Rate Drops to 6.9 Percent in October

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Oregon’s unemployment rate dropped to 6.9 percent in October
from 7.9 percent, as revised, in September. For the past few months, Oregon’s
unemployment rate has closely tracked the national unemployment rate which also
fell to 6.9 percent in October from 7.9 percent in September.

Oregon’s total nonfarm payroll employment rose by 14,200
jobs in October, following a revised gain of 9,300 jobs in

Employment Among Oregon’s Veterans

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In 2019, the unemployment rate for veterans in Oregon was 4.5 percent, according to the American Community Survey. Overall, Oregon’s unemployment rate was 4.8 percent in 2019. Across the U.S., veterans had a lower unemployment rate of 3.7 percent. About 264,000 veterans lived in Oregon in 2019. Among veterans 18 to 64, 75 percent were in the labor force, slightly less than the 77 percent labor

Payroll Employment for Businesses Destroyed in Almeda Fire

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Within the level 3 evacuation zone in Jackson County, the Almeda fire burned though the core business route of Hwy. 99 from the edge of Ashland to the outskirts of Medford. In some spots the wind-whipped fire devastated all businesses on both the east and west sides of the highway, at other times hopscotching its way south, indiscriminately taking out some businesses while sparing others

Disparate Impact: COVID-19 Job Losses by Sector and Gender in Oregon

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Every recession is unique, with varying impacts on workers in different parts of the economy. The dot com recession in 2001 hit high-tech harder than other sectors. Construction bore the hardest brunt of job losses during the Great Recession. Eight months into the COVID-19 downturn, we’re seeing yet another unique set of disparate impacts in Oregon and nationwide.Initial ImpactIn March and April,

Unwrapping Holiday Hiring: From Bricks to Clicks

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Retailers and package delivery companies rely on the holiday season to provide an end-of-year boost in sales that makes operating during the rest of the year worthwhile. Some businesses hire extra workers, often on a temporary basis, to get them through this busy time of year. It is highly possible that because more people are doing their shopping online, traditional “brick and mortar” retailers