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Posted: Saturday, Dec 22nd, 2012

Unemployment at 8.4 percent

Oregonís seasonally adjusted unemployment rate for November was 8.4 percent, essentially unchanged from 8.6 percent in October.

The November 2011 unemployment rate was 9.1 percent.

On a seasonally adjusted basis, preliminary estimates from the federal Bureau of Labor Statistics (BLS) indicate nonfarm payroll employment in Oregon rose by 600 jobs in November. The private sector added 1,400 jobs over the month, while the public sector declined by 800.

Revised estimates for October show a loss of only 800 jobs, when a loss of 2,400 was reported.

Upward revisions were largest in professional and business services and in leisure and hospitality.

For the complete article see the 12-26-2012 issue.

Click here to purchase an electronic version of the 12-26-2012 paper.

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