Oregon’s economic recovery stalls


Jobless figures for June show that hiring in Oregon was almost flat for the month.

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Jobless figures for June show that hiring in Oregon was almost flat for the month.

 

The figures show “essentially no payroll employment gains since February,” the Oregon Employment Department said, noting that the previous four-month period showed strong employment growth. 

The Employment Department described the June rate as “essentially unchanged” from the May rate of 9.3 percent. The bottom line is that Oregon employed only about 800 more nonfarm workers in June than seasonal patterns would anticipate. 

“Oregon has hit the same slowdown that the national economy is going through,” said economist Bill Conerly of Lake Oswego’s Conerly Consulting.

Read more at OregonLive.com.

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