December's strong job report shows return to 'robust growth'
Oregon added 14,700 jobs in December, after dropping 300 jobs a month earlier, as the state's unemployment rate held steady at 4.1 percent.
Major industries leisure and hospitality and professional and business services bounced back from a lackluster summer, together adding about 7,400 jobs last month, according to the state Employment Department. Three other major industries also added jobs in December. Manufacturing added 2,400 jobs. Construction added 1,600 jobs. Health care and social assistance added 1,000 jobs.
No major industry cut jobs substantially in December, according to state officials.
For the past year, employment grew by 48,400 jobs, or 2.6 percent. Even though jobs reports between August and November showed a possible slowdown in Oregon's economic expansion, December's strong jobs report "reflects a return to robust growth," according to officials.
Oregon's unemployment rate has held steady for the past few months. The average unemployment rate for 2017 was 4 percent, Oregon's lowest annual average unemployment rate since records began in 1976.