economy

Oregon Unemployment Now Lower Than National Rate

By Jim McCoy Tue 14th April Newseconomyjobs

Oregon's jobless rate has fallen below the national rate for the first time since 1996.

The state Employment Department says Oregon's unemployment rate fell to 5.4 percent in March. That's slightly lower than the U.S.Read More »

Increased Truck Traffic On Highway 97 A Good Sign

By Jim McCoy Mon 30th March NewseconomyHighway 97
Southern Oregon has a sign of economic recovery: Lots more big rigs at the weigh scales on Highway 97 near the border with California. The Klamath Falls Herald and News (http://bit.ly/1CpynTX) reports a 25 percent year-over-year increase in traffic at the stations in 2014, jumping to more than 238,000 trucks. State transportation workers say trucking tracks the economy, droppingRead More »

Little Change, But New Generally Good Report In Regional Employment

By Jim McCoy Tue 24th March Newseconomyjobs

As the retail sector shed more jobs, construction began its seasonal upturn, resulting in a slightly better job picture for Jackson County. According to the Oregon Employment Department, the seasonally-adjusted rate for February was 7.0%, compared to 7.7% in January, and 8.6 for February, 2014.

Jackson County gained 559 jobs in February.Read More »

Report: Big Drop In Oregon Unemployment

By Jim McCoy Tue 17th March Newseconomyjobs

Oregon's unemployment rate has fallen significantly again, amid signs that businesses are becoming quick to hire but remain slow to grant raises.

The state Employment Department said Tuesday the jobless rate dropped half a percentage point in February, to 5.8 percent.

The agency says the number of long-term unemployed people continues to fall.

The nuRead More »

Fewer Working In Southern Oregon During January

By Jim McCoy Tue 10th March Newseconomyjobs
Payroll employment fell by 3,370 jobs in Jackson County, and by 400 in Josephine County during the month of January. The latest report on county employment ws released this morning. The seasonally-adjusted unemployment rate stands at 7.7 percent for Jackson County and 8.6 percent for Josephine County.Read More »

Oregon Experiences Big Job Growth In January

By Jim McCoy Tue 3rd March Newseconomyjobs
A state report says Oregon employers are adding jobs at a robust pace, and the unemployment rate has dropped to 6.3 percent. The mild winter has contributed to the sunny economic news, as construction companies kept crews on the job in January. The state Employment Department reported Tuesday that the January unemployment rate was down from 6.7 percent in December and at its loweRead More »

Slight Improvement In Southern Oregon Employment

By Jim McCoy Mon 26th January Newseconomyjobs
December's report for employment in southern Oregon shows the region is not quite experiencing the same dramatic improvement seen statewide. Nonetheless, unemployment rates did improve across the board. In Jackson County, the seasonally-adjusted unemployment rate improved from 8.6 to 8.4 percent. Year-over-year that's a 0.7 improvement over the December, 2013 figure of 9.1.Read More »

BREAKING NEWS: Oregon Unemployment At 6-Year Low

By Jim McCoy Wed 21st January Newseconomyjobs
The Oregon Employment Department has released it figures for December, and it shows Oregon's unemployment rate at its lowest point since August of 2008. Oregon payrolls grew by 8,200 employees and the unemployment stood at 6.7 percent, down from November's rate of 7.0. The report shows what is described as broad-based growth- with seven major industries adding at least 800 jobs each.Read More »

Employment: Oregon Has Biggest 1-Month Job Increase In Nearly 20 Years

By Jim McCoy Tue 18th November Newseconomyjobs
State figures show that Oregon employers went on a hiring spree this fall, adding nearly 10,000 jobs in October. The state Employment Department said Tuesday that's the largest one-month gain in jobs since August 1995, when more than 10,400 jobs were added. The agency said hiring was particularly strong in three sectors: manufacturing, health care, and professional and business sRead More »

Report: Oregon's Economy Is Growing

By Jim McCoy Thu 30th October Newseconomy
A report from the University of Oregon says most metro economies in the state are expanding at or above their normal rates. The university's Regional Economic Indexes also says more people are looking for work around Medford, Salem, Eugene and Bend. The Oregonian reports (http://bit.ly/1tTxb9w) the increasing number of people looking for work has caused the unemployment rate to iRead More »

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