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Oregon’s Unemployment Insurance & iMatchSkills Update - June 2011
7/20/2011
CONTACT:  Tom Fuller
503-947-1301
Thomas.E.Fuller@state.or.us 
or
Craig Spivey
503-947-1303
Craig.C.Spivey@state.or.us
 
Unemployment Insurance
The number of initial regular claims was 12% lower in June of 2011 than in June 2010, while the number of regular first payments was down 21% for the same period.  The number of regular benefit weeks claimed was down 37% year -over-year.  There were 48% fewer unemployed workers who exhausted their regular benefits in June 2011 than in June2010 (partly due to a lower number of people claiming regular benefits), additionally the exhaustion rate went down from 55% to 48.6%.  Average regular claim duration is over two weeks lower than last year. 
The number of people claiming Emergency Unemployment Compensation and Extended Benefits has been steadily decreasing partly as a result of fewer workers exhausting their regular claim benefits, but also due to EUC recipients claiming fewer weeks. 
 
An estimated 32,000 workers exhausted all available benefits since the beginning of 2009.  Many of these exhaustees claimed over 2 years of benefits.
 
The recent lower claim activity is reflective of a gradually improving economy.  Fewer people are being laid-off; those who were more recently unemployed are claiming fewer weeks of benefits.  Though, when a person stops claiming benefits before their eligibility runs out we do not know why with certainty, it is reasonable to assume that these workers have found jobs faster and at a higher percentage than those who were unemployed last year.
 
During periods when extension benefits are not available (when the economy is “healthy”, such as in 2006), the average claim duration is around 14 weeks, and the exhaustion rate is around 30%.


 
Week ending June 4, 2011
Same week 2010
Initial Claims for unemployment
9,258
8,849
Individuals on Regular Unemployment Benefits
55,820
71,026
Individuals on Emergency Unemployment Compensation
58,008
58,140
Individuals on Extended Benefits
10,436
10,726
Total number of individuals receiving unemployment benefits
128,532
184,017
Unemployment Benefits paid out
$­­36,567,634
$55,583,044
Unemployment Trust Fund Balance (in millions)
$1,002.91
$756.08

iMatchSkills
As of Monday, July 15, 2011, there were 6,706 listings in iMatchSkills, which represents 11,642 openings.
 
Listings & Openings in iMatchSkills
 

Top Occupations By Industry
Top Listings by Occupation
Listings
Industry Group
777
Office and Administrative Support
621
Sales
571
Computer and Mathematical
512
Healthcare Practitioners & Technical
454
Management
366
Transportation
340
Food Preparation and Serving
305
Healthcare Support
284
Building and Ground Maintenance
267
Business and Financial
 
Listings
Occupation
222
Truck Drivers, Heavy and Tractor-Trailer
200
Registered Nurses
181
Retail Salespersons
161
Customer Service Representatives
148
Tellers
138
Nursing Aides, Orderlies, and Attendants
111
Computer Software Engineers, Applications
91
Maids and Housekeeping Cleaners
91
Sales Representatives, Services, All Other
89
Supervisors, Managers of Retail Sales Workers