The Oregon Biz Report - Business News from Oregon

Read about accutane journal moderate acne here

Oregon sheds 7,900 jobs yet jobless rate improves

October 18, 2012

Patrick Emerson PhD ,
OSU Economist
Oregon Economics Blog

Oregon’s unemployment rate fell slightly, from 8.9% to 8.7% but, as I have been saying all along, this is not the number that matters as it represents the supply and demand equilibrium. What matters are jobs and in September the state shed a whopping 7,900 of them on a seasonally adjusted basis. This bucks the national numbers which saw strong job growth so perhaps we will see a significant future revision. Either way, it is further evidence of a recovery that is like an engine with a bad carburetor – it goes but in a sputtering and halting way.

Print This Post Print This Post    Email This Post Email This Post

Discuss this article

no comments yet

Leave a Reply

Your email address will not be published. Required fields are marked *

Please answer the following question to confirm that you are a real person: *

Top Business News


Top Natural Resource News


Top Faith News


Copyright © 2019, OregonReport. All Rights Reserved. | Terms of Use - Copyright - Legal Policy | Contact Oregon Report

--> --> -->