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Oregon job growth rolls along, as August unemployment rate hits 5.4 percent
Oregon added about 4,600 new jobs in August, as the unemployment rate increased slightly to 5.4 percent, from Julys 5.2 percent.
State employment officials said Tuesday that it was the 50th consecutive month of payroll growth in Oregon. The state gained about 5,000 jobs in July. Since June 2012, Oregon's economy has added 208,200 jobs, something that hasnt happened since the state started keeping records on job growth in 1990.
Oregons unemployment rate has risen from a record low of 4.5 percent in March, April and May. The states labor force has about 2.1 million people.
In August, service industries expanded rapidly, as other industries inched along. Health care and social assistance increased the most, adding 2,000 jobs. The leisure and hospitality industry added 1,300 jobs. Financial activities added 1,000 jobs. Manufacturing added 700 jobs. Construction added 600 jobs.
Transportation, warehousing and utility industries lost about 700 jobs last month. Government also lost about 600 jobs.