Oregon's Unemployment Rate Stable
Oregon's seasonally adjusted unemployment rate for January was 8.4 percent -- essentially unchanged from 8.3 percent in December. Ever since Oregon's unemployment rate peaked at over 11 percent in 2009, it's been dropping, but slowly.
David Cooke, with the Oregon Employment Department, says the latest numbers are no exception.
"The unemployment rate has been gradually declining for over three years now. And we're in the 8 percent range, 8.4 percent in January. A little above the U.S. rate, which was 7.9 percent in January. But the rate has been on a generally declining trend."
The public sector saw most of the job growth in January. It added 5,000 jobs. That stands in stark contrast to a decline of 800 jobs in the government sector over the same time.
The state also released revisions to the last two years' data. They show the job picture looked a little better in late 2011 and throughout 2012 than originally estimated.
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