

Published on: 06/19/2025
This news was posted by Oregon Today News
Description
Oregon’s unemployment rate nudged up slightly last month to its highest level in nearly four years, 4.8%, according to new data out Wednesday. It’s another sign of the state’s deteriorating labor market amid mounting economic pressure.
“There is some real evidence of weakness in the state,” Oregon state economist Carl Riccadonna told a legislative committee hearing Wednesday. He noted that the state’s jobless rate has risen steadily over the past year and is 0.6 points higher than the national rate.
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