Oregon Unemployment Falls to 9.3% in May
The Oregon economy returned to positive job growth in May, adding 1,300 jobs and the state's unemployment rate fell to 9.3%, almost matching the US average. Manufacturing was a disappointment, it added only 100 jobs when 1,100 new jobs is usual, thus it lost 1,000 jobs on a seasonally adjusted basis. By contrast, financial activities added 1,500 jobs on a seasonally adjusted basis. Trade, transport and utilities and educational and health services both saw strong gains as well.
