Oregon unemployment hits highest level since August 2021

Job losses, unemployment rate rises

The statewide unemployment rate was 4.5% in February and 4.4% in January, after rising gradually over the past year from 4.1% in February 2024, according to the Oregon Employment Department.

Oregon’s unemployment rate edges up in February

Oregon’s unemployment rate has slightly ticked up over the last year, a trend that continued in February.State employment economist Gail Krumenauer said the most recent data, released Wednesday, shows job growth is concentrated in a few sectors — mostly health care and social assistance. That industry added about 14,000 jobs.The industries that shed the most jobs over the last year include construction, retail and manufacturing, losing a combine…

Oregon unemployment hits highest level since August 2021

The level easily exceeds the U.S. mark as Oregon lost thousands of construction and financial services jobs.

Counties with the highest unemployment in Oregon

The first jobs report fully under the new Trump administration showed a softening job market, with the unemployment rate ticking up to 4.1% in February, according to Bureau of Labor Statistics figures released March 7.Job growth increased but fell below expectations, one of several possible fissures appearing in the once rock-solid labor market. Businesses are pulling back on hiring as the economic forecast and policy outlook grow murkier due to…

Unemployment is increasing in Sweden. The fact that Karlskoga and Degerfors are bucking the trend – as KT-Kuriren has reported, for example, where the proportion supported by unemployment benefits is not increasing as quickly as in the rest of the country – is positive. But it is still time for both national and local politics to focus on unemployment. Not least for one simple reason: we don't need to add another crisis to everything else that i…

Oregon’s Unemployment Rate Rises to 4.5% in February

Salem, Oregon- Oregon’s unemployment rate increased to 4.5% in February, up from 4.4% in January, according to the latest data from the Oregon Employment Department. The rate has gradually risen over the past year from 4.1% in February 2024. February’s figure marks the highest unemployment rate in the state since August 2021, when the rate stood at 4.7%. It is also slightly higher than the rates seen during the three years leading up to the COVI…