Unemployment is up in OR but, state officials point out, it’s because the number of people entering the workforce is growing.
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State economists said “a large increase in Oregon’s labor force” was partly responsible for the June climb, with the state’s work force now at an all-time high of 2.05 million.
Youth unemployment is more than double the average unemployment rate across the European Union, with 20pc of those aged between 15 and 24 counted as jobless, compared with 9pc for the rest of the workforce.
Intel laid off 784 OR workers in April in a broad corporate restructuring but paid those workers through May, so June is the first month those cuts begin showing up in state labor data.
Missouri’s total employment level for June was unchanged.
The jobless rate in the North East has fallen to 7.4% but is still by some distance the highest in the UK.
The unemployment rate was 5.9% between March and May this year, a decrease of 0.4% over the year.
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Missouri’s unemployment rate edged up two-tenths of a point to 4.5 percent in June, according to seasonally adjusted data released Tuesday by the Missouri Department of Economic Development.
