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Oregon June 2014 Statewide Unemployment Rate
June Job Losses Offset May's Gains as the Unemployment Rate Remained at 6.8%
7/15/2014
Industry Payroll Employment (Establishment Survey Data)
After adding almost 44,000 jobs in 11 straight months of growth, Oregon’s payroll employment dropped by 4,300 in June, as several industries trimmed payrolls. Construction dropped by 3,600 jobs on a seasonally adjusted basis, while the following major industries each cut more than 1,000: manufacturing ( 1,300 jobs), professional and business services ( 1,100), leisure and hospitality ( 1,100) and government ( 1,500). These losses were partially offset by gains in private educational services (+1,700 jobs) and health care and social assistance (+1,800).

June Labor Market Highlights
  • Payroll employment dropped 4,300 in June, following a gain of 3,900 in May.
  • Construction slipped by 3,600 jobs in June but is still up 4,200 jobs, or 5.7 percent, since June 2013.
  • Oregon's unemployment rate was 6.8 in June, the same as in April and May.
  • The long-term unemployed dropped to 40,700, the lowest since 2008.
The June change in construction employment was weaker than normal. Most of its component industries failed to add jobs at the robust rate that is typical in June.

Construction’s weak June followed rapid gains in prior months. In fact, on a seasonally adjusted basis, construction was still up by 4,200 jobs, or 5.7 percent, since June 2013.

Several industries had a lackluster June following rapid gains in prior months. These industries include retail trade; manufacturing; leisure and hospitality; and professional and business services. All of these are still up strongly over the year.

In June, health care and social assistance continued its strong growth, with a seasonally adjusted job gain of 1,800. Since June 2013 it has been one of the fastest growing industries, adding 7,800 jobs, or 3.8 percent.

Unemployment
(Household Survey Data)
Oregon’s seasonally adjusted unemployment rate was 6.8 percent in June and 6.8 percent, as revised, in May. Oregon’s unemployment rate has been between 6.8 and 7.0 percent for each of the first six months of the year.

The number of long-term unemployed continued to drop. In June, roughly 40,700 Oregonians were unemployed for six months or more, the fewest since December 2008. Since reaching a peak of more than 100,000 in mid 2010, the number of long-term unemployed has trended downward.

In June, 28 percent of unemployed Oregonians were unemployed for six months or more, the smallest share since July 2009.

Next Press Releases
The Oregon Employment Department plans to release the June county and metropolitan area unemployment rates on Monday, July 21st and the statewide unemployment rate and employment survey data for July on Tuesday, August 12th.

The Oregon Employment Department is responsible for releasing Oregon’s monthly payroll employment and labor force data. The data are prepared in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics (BLS). The BLS estimates of monthly job gains and losses are based on a survey of businesses. The BLS estimates of unemployment are based on a survey of households and other inputs.

The Oregon Employment Department publishes payroll employment estimates that are revised quarterly by using employment counts from employer unemployment insurance tax records. All department publications use this official Oregon series data unless noted otherwise. This month’s release incorporates the October, November and December 2013 tax records data. The department continues to make the original nonfarm payroll employment series available; these data are produced by the BLS and are revised annually.

For the complete version of the news release, including tables and graphs, visit: www.QualityInfo.org/pressrelease.

If you need this release in the Spanish language, please contact Eric Villegas at 503-947-1794.

For help finding jobs and training resources, visit one of the state's WorkSource Oregon Centers or go to: www.WorkSourceOregon.org.

Equal Opportunity program — auxiliary aids and services available upon request to individuals with disabilities