Tuesday, July 14, 2009

Oregon unemployment rate unchanged at 12.2%

From the Oregon Employment Department:

Oregon’s seasonally adjusted unemployment rate was 12.2 percent in June, the same as the revised May figure of 12.2 percent.
Despite remaining unchanged between May and June, Oregon’s unemployment rate
was up substantially from June 2008 when the rate was 5.9 percent.
The U.S. seasonally adjusted unemployment rate rose to 9.5 percent in June, from 9.4
percent in May.
In June, Oregon’s seasonally adjusted nonfarm payroll employment declined by 7,200 jobs, following a drop of 1,600 (as revised) in May. This marked the 11th consecutive month of decline for this measure of employment.