Wednesday, January 21, 2009

State unemployment rate now at 9 percent

From the Portland Business Journal:

Oregon’s unemployment rate rose to 9 percent in December from 8 percent in November.
The state’s unemployment rate has risen rapidly over the past six months after remaining stable throughout the first half of 2008 at near 5.5 percent. The U.S. seasonally adjusted unemployment rate rose to 7.2 percent in December, from 6.8 percent in November.

Then this today...
Intel Corp. on Wednesday said it would halt production at five factories, including one in Hillsboro.
The Santa Clara, Calif.-based company (NASDAQ: INTC) said the moves would affect between 5,000 and 6,000 jobs worldwide.


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