The June Employment Situation

The June United States nonfarm job level declined by 125,000.  The decrease reflected a 225,000 decrease in the number of temporary employees working on the 2010 Census.  The government sector decrease was offset by a private–sector payroll employment increase of 83,000.  The unemployment rate edged down from 9.7 to 9.5 percent. 

The unemployment rate . . . → Read More: The June Employment Situation

The April Oregon Employment Situation

Oregon April non-farm jobs increased 3,900 over March.  The April labor market update was posted by the Oregon Employment Department on Tuesday.  This is the largest month-on-month increase since October 2007.    Using the 3,900 jobs to calculate an annualized growth rate yields 3.0 percent, see the chart below. 

The 3,900 jobs gained comprised of . . . → Read More: The April Oregon Employment Situation

The January United States Jobs Report

The January United States jobs report contains mixed results that, to us, provide hints of a recovery to come.  More on the recovery later.  The bad news from the jobs report first: long term unemployed persons, (those who have been unemployed for 27 weeks or longer), climbed by about 500,000 to just under 6.5 . . . → Read More: The January United States Jobs Report

Central Oregon’s December Jobs Report

The Oregon Employment Department’s Labor Market Information System released December 2009 jobs and employment data for Oregon’s counties today.  In most respects, Central Oregon’s labor market is not significantly changed from November, and very close to our forecast.

The Bend MSA (Deschutes County) seasonally-adjusted unemployment rate fell from 14.2 percent in November to 14 . . . → Read More: Central Oregon’s December Jobs Report

Oregon’s December Jobs Report

Today’s Oregon jobs report for December shows mixed results in the State’s job market.  The OES’s Labor Market Information System provided the December estimates for the state this morning and will provide them for Oregon’s counties on Friday morning. 

The State’s Year-over-year job losses are improving a bit, from a loss of about five . . . → Read More: Oregon’s December Jobs Report