Wednesday, November 26, 2014

Oregon's seasonally adjusted unemployment rate for September was 8.7 percent, essentially unchanged from 8.9 percent in August. The September 2011 unemployment rate was 9.4 percent.

 

Breakdown:

Industry Payroll Employment (Establishment Survey Data)
On a seasonally adjusted basis, preliminary estimates from the federal Bureau of Labor Statistics (BLS) indicate nonfarm payroll employment in Oregon fell by 7,900 jobs in September. The BLS estimates the private sector declined by 5,500 jobs over the month and the public sector declined by 2,400.

The federal Bureau of Labor Statistics estimates that construction employment cut 1,400 jobs in September. This was well below the typical seasonal gain of 200 jobs for September. For the past 12 months, construction has shown a choppy pattern, with no apparent expansionary trend. Since September 2011, the industry is down 300 jobs, or 0.4 percent.

Economists with the BLS estimate that professional and business services cut 2,600 jobs in September, which was well below the normal seasonal drop of 200 jobs for the month. Employment services cut 1,800 jobs in September and is down 1,600 over the past 12 months.

The BLS estimates that government employment rose by 4,300 in September. This gain was less than the normal seasonal increase of 6,700 for the month. Most local government K-12 schools were back in session, and the employment numbers reflected the return of staffing levels, with local government education adding 6,600 jobs. This was still estimated by BLS to be below its year-ago levels by 4,200 jobs. Federal government cut 600 jobs in September, while state government dropped by 300.

The BLS estimates of monthly job gains and losses are based on a survey of businesses. These preliminary estimates are subject to revision.

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