Oregon’s job woes continue, as the May unemployment numbers out today show the state achieving a new record unemployment rate of 12.4 percent.
Even though the 12.4 percent rate is worse than the state’s previous worst mark of 12.1 percent set in November 1982, the Oregon Employment Department finds some good news in that the current freefall is moderating.
Between March and May, the state’s unemployment rate rose by 0.5 percentage point over those two months, which is less than the roughly 1 percent-a-month increase between October 2008 (when the rate was 7.2 percent) and March 2009.
One more stat: Oregon’s 12.4 percent unemployment is 3.0 percentage points worse than the national rate of 9.4 percent.
- Oregon Unemployment News For those
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Tags: economy, Nobody Works Anymore, Oregon, unemployment
[...] I am one of the 12 percent of Oregon’s population who doesn’t have a job to occupy their day (utterly depressing number that, isn’t it?), I do devote a good portion of each day to [...]
[...] Well, here’s a piece from the New York Times that asks whether Californians are to blame in part for Oregon’s stratospheric unemployment rate of 12.4 percent. [...]
[...] spokeswoman Mary Fetsch attributes the decline to a “double whammy”- double-digit unemployment rates and cheaper gas compared to July’s record $4 plus per [...]
So where are all those “shovel ready jobs”
well so much for hope and change, But at least I can be fined for not having health care.. If they pursued the economy the way they are health care, I would have a job….maybe…but if I had a job, I would have health care…. interesting.. lets shoot for 2010 being a good year…………..