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WASHINGTON (AP) — With hopes rising for a powerful rebound in hiring this year, Friday s jobs report for March will provide crucial insight into whether those rosy expectations may prove
SALEM â Oregon added 13,900 jobs last month, nearly twice as many as it gained in January, but the jobless rate remains stubbornly high.
Unemployment was 6.1% in February, according to new data out Tuesday, March 16, from the Oregon Employment Department. Thatâs on par with the national rate and down just one-tenth of a percentage point from January.
While the jobless rate has fallen for 10 straight months, the rate of decline has slowed to a crawl. Oregon remains down more than 150,000 jobs from February 2020. Oregon has regained a little less than half of the jobs it lost in the early days of the coronavirus pandemic.