Oregon Unemployment Rate Hits Six-Year Low

Oregon’s unemployment rate for December was six-point-seven percent, representing a six-year low.  Oregon Employment Department Economist Nick Belecicks says the rate was accompanied by strong job gains in the final quarter of 2014.  The department statistics indicate December hiring was unusually widespread in the various sectors of the economy.  The jobless rate remained at about seven percent for months as people rejoined the labor force as the state gained jobs, but in December the labor force grew only slightly.

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