Oregon’s Unemployment, July 18

Oregon Unemployment Rate at new record low of 4.0 percent in June, which was Oregon’s lowest unemployment rate since comparable records began in 1976. Oregon’s May unemployment rate was 4.1 percent. The U.S. unemployment rate was also 4.0 percent in June. In June, Oregon’s nonfarm payroll employment rose by 1,900 jobs, following a revised gain of 3,200 jobs in May. Job gains were led by leisure and hospitality (+1,800 jobs) and private educational services (+1,000). Three major industries each added close to 600 jobs: health care and social assistance (+700); manufacturing (+600); and construction (+500). Several industries shed jobs in June, including retail trade (-1,000 jobs); information (-800); financial activities (-600); and transportation, warehousing and utilities (-500).