Oregon lost another 4,300 jobs in June, more than double the number of jobs lost the prior month.<\/p>\n
It\u2019s the latest worrisome sign for the state\u2019s sagging labor market and the near-term outlook is poor, with thousands of Intel layoffs taking effect later this summer.<\/p>\n
Oregon has added just 8,700 jobs over the past 12 months, according to the state data.<\/p>\n
\u201cThat\u2019s a growth rate of 0.4%. That\u2019s really slow by historical standards,\u201d said Gail Krumenauer, economist with the Oregon Employment Department.<\/p>\n
\u201cWe\u2019re also seeing that job growth remains highly concentrated and not broad based across Oregon\u2019s economy,\u201d she said.<\/p>\n
The services, manufacturing and hospitality sectors are struggling the most, each shedding a little more than 1,000 jobs last month.<\/p>\n
No industry added that many jobs but health care performed the best, expanding by 900 jobs in June.<\/p>\n<\/p>\n
June\u2019s unemployment rate climbed to 4.9%, according to data out Wednesday from the Oregon Employment Department. <\/p>\n
That\u2019s just a slight increase from May but it extends a trend of rising joblessness that dates back more than two years, when unemployment was 3.6%. The national unemployment rate was 4.2% last month.<\/p>\n
State economists are increasingly glum about Oregon\u2019s outlook<\/a> because the state seems to be performing worse than the nation and because Oregon faces significant headwinds. <\/p>\n Intel notified state workforce officials last week that it plans to lay off nearly 2,400 Oregon workers in July<\/a> and told local elected leaders that it expects more cuts in the weeks ahead.<\/p>\n If you purchase a product or register for an account through a link on our site, we may receive compensation. By using this site, you consent to our User Agreement<\/a> and agree that your clicks, interactions, and personal information may be collected, recorded, and\/or stored by us and social media and other third-party partners in accordance with our Privacy Policy.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Oregon lost another 4,300 jobs in June, more than double the number of jobs lost the prior month.…\n","protected":false},"author":3,"featured_media":68585,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[48545,48546,19028,3231,64,32442,6017,17286,48547,48548,48549,48550,525,48551,26824,454,48552,420,48553,48554,40335,48555,48556,17290,20927,10405,766,67,132,68,14417,45873],"class_list":{"0":"post-68584","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jobs","8":"tag-actions","9":"tag-application-form","10":"tag-assistance","11":"tag-benefits","12":"tag-business","13":"tag-concepts-and-ideas","14":"tag-depression","15":"tag-document","16":"tag-downsizing","17":"tag-economic-depression","18":"tag-employment-issues","19":"tag-end-of-the-line","20":"tag-finance","21":"tag-firing","22":"tag-frustration","23":"tag-government","24":"tag-job-search","25":"tag-jobs","26":"tag-manual-worker","27":"tag-meltdown","28":"tag-no-people","29":"tag-occupation","30":"tag-out-of-work","31":"tag-paperwork","32":"tag-pen","33":"tag-recession","34":"tag-unemployment","35":"tag-united-states","36":"tag-unitedstates","37":"tag-us","38":"tag-wages","39":"tag-working"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114865896327820784","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/68584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=68584"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/68584\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/68585"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=68584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=68584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=68584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}