Oregon unemployment rate drops
Oregon's seasonally adjusted unemployment rate was 8.2 percent in March - the lowest rate since October 2008 when the rate was 7.7 percent. The March rate was down from 8.3 percent in February. The February rate was originally reported as 8.4 percent.
Lincoln County’s unemployment rate for March was 8.6 percent, a drop from 9.2 percent in March 2012.
In March, 167,706 Oregonians were unemployed. This was 19,652 fewer individuals than in March 2012 when 187,358 Oregonians were unemployed.
On a seasonally adjusted basis, nonfarm payroll employment in Oregon rose by 1,900 jobs in March. The private sector added 2,700 jobs over the month, while the public sector cut 800. Each of the past four months saw gains, with monthly increases particularly strong in January (+5,400 jobs) and February (+6,600). The average increase from December to March was 3,800 jobs per month.
For the complete article see the 05-15-2013 issue.
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