Tuesday’s Oregon unemployment rate report revealed that March saw the largest one-month increase in jobs since November of 2005, adding 7,500 jobs to the market.
The unemployment rate for March came in at 6.9 percent, just slightly higher than the national rate of 6.7 percent.
State Employment Economist, Nick Beleiciks, says that during the past year, Oregon has averaged roughly 3,900 new jobs per month, but in March that number nearly doubled.
“Oregon’s labor force increased for the fifth consecutive month and that’s significant because it’s following nearly two years of monthly declines. So we’re seeing people come back into the labor force, mostly due to the continued job growth, and people feeling more encouraged about their job prospects,” he said.
Construction stands out as one of the largest areas of job growth for March.
Gov. Kitzhaber released a statement saying the state is on the right track and that he will continue to focus on spurring the economy to secure good jobs across Oregon.