People of Northwest Public Radio
Tue June 12, 2012
Oregon's Unemployment Rate Drops Again
Non-farm payroll employment added a healthy 6,900 jobs in May, the most the state has added in one month since January of last year.
State employment economist, Nick Beleiciks, says it isn't that Oregon is breaking out in front of other states, but it is returning to the kind of recovery seen before the great recession.
Nick Beleiciks: "All the growth was in the private sector, which added 7,400 jobs. Government employment fell by 500 jobs in May. That's continuing the pattern we've seen over the past 12 months. Since May 2011 the private sector has added 19,600 jobs while the public sector has cut 6,400 jobs."
The nation as a whole saw its unemployment rate increase from 8-point-1 percent in April to 8.2 percent in May.
Oregon's dropped from 8.5 percent to 8.4 percent. Kristian Foden-Vencil.
Copyright 2012 Oregon Public Broadcasting