Oregon’s Unemployment Rate at a Record Low

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SALEM—Oregon’s unemployment rate has been at 3.8 percent since August, the lowest unemployment rate in state history since comparable records began in 1976. An additional 4,600 jobs were added in October, spanning nine of the top 13 industries statewide.

Oregon’s non-farm payroll employment increased by 38,100 jobs — or 2.0 percent — since October 2017. In that time, construction has remained the fastest growing industry.

 

For more information on Oregon’s economic outlook, click here.

About Author

Nick Beleiciks is the state employment economist for the Oregon Employment Department, where he serves as Oregon’s expert on trends in the workforce.

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