By Josh Lehner
Oregon Office of Economic Analysis Blog
The unemployment rate in Oregon has increased from 4.5% to 5.2% in the past two months. What is going on here? Well, regular readers know it always important to take real-time economic data with a grain of salt, but the so-called household survey from which the unemployment rate is calculated has been particularly noisy in recent years. Let’s take a quick stroll down memory lane.
Exactly a year ago we wrote the following in our September 2015 forecast document, released in August 2015 (PDF page 11).Read the full article and discuss it »