Oregon Unemployment Rate Stays Low

Oregon’s unemployment rate was little changed at 3.7 percent in June. The rate remained near its all time low of 3.6 percent reached in May.   Oregon’s rate was significantly below its year-ago rate of 5.1 percent in June 2016 and well below the U.S. unemployment rate of 4.4 percent in June 2017 the largest gain since February 2016.  Oregon Employment Department economist Nick Beleciks says job gains continued a pattern of the past year.  Oregon’s nonfarm payroll employment grew by 8,500 jobs, following a gain of 2,600 in May. The June increase was the largest gain since February 2016.  Gains were widespread among the major industries, with 11 of the 14 industries adding jobs.  Leisure and hospitality added the most, increasing by 2,100 jobs.  In addition, strong hiring occurred in construction and manufacturing.

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