Oregon unemployment rate rose again to 4.1% in October

But private sector added 5,800 jobs during the month; statewide rate remains low by historical standards. Oregon's unemployment rate went up again ...

November 23, 2022
5:30 AM

But private sector added 5,800 jobs during the month; statewide rate remains low by historical standards. Oregon's unemployment rate went up again in October to 4.1%, the highest since the 4.2% recorded in January, despite 5,800 jobs added in the private sector. The net increase in nonfarm payroll jobs for October was 5,200, up from a net loss of 500 in September, when the statewide unemployment rate was 3.8%. The national average for October was 3.7%, up from 3.5% from September. "Despite the upturn in unemployment, it's really low by historical standards," Gail Krumenauer, economist for the Oregon Employment Department, said in a short video message with the announcement on Wednesday, Nov.

Peter Wong