Monday, July 13, 2009

Oregon Unemployment Rate Doubles in a Year

Oregon’s 12.2% unemployment rate for June, 2009, is more than double the 5.9% rate for June, 2008. It's also almost 30% higher than the 9.5% June national average.

A year ago Oregon's rate was very close to the 5.5% national average. Why has Oregon's unemployment rate grown so much faster than the national average?

The Oregonian doesn’t seem to have noticed the report that came out today from economist David Cooke of the Oregon Employment Department. Nothing so far about the report on the OregonLive web site.

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