October jobs numbers climb, unemployment held at 4.1%
Oregon's economy added 4,400 jobs in October, as the unemployment rate held steady at 4.1%.
State employment officials said Wednesday, Nov. 13, Oregon's unemployment rate has hovered between 4% and 4.4% for the past 36 months. Officials said the state economy has been tight for the past few years. The number of people unemployed for 52 weeks or more dropped to 6,000 in October, the lowest level in a dozen years.
Oregon's October job gains were concentrated in the leisure and hospitality industry (up 2,400 jobs), government (up 2,300) and wholesale trade (up 1,000). The state's construction and health care and social assistance industries lost a total of about 2,300 jobs last month.
Employment grew by 27,800 jobs during the past 12 months in Oregon, officials said.
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