Oregon Adds Jobs In October But Unemployment Rate Stays At 7 Percent
Oregon added 9,900 new jobs in October. That’s the largest single-month employment gain in almost twenty years.
State employment economist Nick Beleiciks said those jobs come from growth in several key industries.
“Manufacturing has added a lot of jobs during the recovery, professional business services, and healthcare and social assistance just keeps growing.” Beleiciks said.
Despite those gains the unemployment rate stayed flat at 7 percent. Beleiciks said that’s because the labor force has continued to grow at a comparable rate as unemployed Oregonians and students reenter the job market, and as new job seekers arrive from out of state.
Copyright 2014 Oregon Public Broadcasting