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Monday, December 25, 2006

Oregon joblessness November 2006

Now alone as 7th worst in nation

The U.S. Dept. of Labor released its seasonally-adusted unemployment statistics for November. Points of interest:

Although the national unemployment rate decreased .2% from October, Oregon's jobless rate increased .2%.

Last month, 3 other states were tied with Oregon as 7th worst. In November, Oregon gained sole possession of the 7th worst jobless rate among the states, at 5.3%.

229 metropolitian areas in the U.S. had lower jobless rates than Portland, which ranked in the 37th percentile (+). Other percentile rankings - Eugene, 26th (+); Salem 29th; Medford, 37th (+); Corvallis, 58th (+); Bend, 71th (+) (Note: +/- indicates rank change.)

Oregon's November jobless rate was 29% higher than the national average of 4.1%.

Compared to the most productive states, Oregon boasts an unemployment rate about 100% higher.

Oregon's lowest-ever recorded jobless rate was 4.7% in April 1995.

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