- Associated Press - Tuesday, June 14, 2016

PORTLAND, Ore. (AP) - Oregon’s unemployment rate has stayed the same for three consecutive months.

The state Employment Department said Tuesday the rate for May remained at 4.5 percent, slightly lower than the U.S. jobless rate of 4.7 percent. At this time last year, Oregon’s unemployment rate was nearly 6 percent.

Oregon’s payroll report increased by 1,200 jobs in May, a modest gain compared with the average monthly increase of more than 5,000 jobs during the past year.

Retail trade was a strong performer in May while the manufacturing sector cut 400 jobs.

Another unemployment measure, known as U-6, rose to 10.3 percent after it was below 10 percent in April. The figure includes discouraged workers who stopped looking as well as part-time workers who want but can’t get full-time jobs.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide