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Job hunters on the prowl; unemployment rate drops

Modified: Wednesday, Jul 23rd, 2014




NEWPORT — The weather warmed up, tourists started filing in, and job hunters came out of the woodwork last month, in turn pushing Lincoln County’s civilian labor force to its highest level in months.

But the additional people looking for work did little to stem the flow of a slowly declining unemployment rate, which decreased to 7.5 percent in June from 8.3 percent in June 2013.

The most recent reading was the lowest for June since it stood at 6.3 percent in 2008, and marked the 43rd consecutive month the labor gauge fell from the same period a year earlier.

The rise in the civilian labor force, which stood at 21,826 in June, was notable because it suggests people saw opportunity in the job market. The last time the civilian labor force was above that figure was November 2013.

The Oregon Employment Department released the jobless data this week.



For the complete article see the 07-23-2014 issue.

Click here to purchase an electronic version of the 07-23-2014 paper.


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