Lincoln County Employment down 30 jobs from May projections
Seasonally adjusted nonfarm payroll employment dropped by 30 in May to 17,580. Seasonally adjusted figures compare expected changes with actual changes. A gain of 250 jobs is normal for the month, but the county added only 220. The private sector added 190 jobs in May and government employment rose by 30. Leisure and hospitality added 150 jobs and nondurable goods manufacturing chipped in 40. Governments added 30 jobs in May.
May’s total nonfarm payroll employment was 10 less than one year before. Total private sector
employment was down 20 jobs over the year and government employment grew by 10. The industries adding the most jobs over the past year were construction (+60) and educational and health services (+80). The industry cutting the most jobs was retail trade (-160).
Lincoln County’s seasonally adjusted unemployment rate was 6.6 percent in May, essentially
unchanged from the previous month (6.5%), but a lower than the year before (7.6%).
The unemployment rate for Lincoln County, 6.6%, was higher than the statewide rate of 5.3% and the national rate 5.5%.
Overall, however, Oregon has made a remarkable recovery from the recession over the past six months. Back around Christmas, Oregon’s unemployment rate was the 7th worst in the country. Then something happened. In January employment jumped in Oregon enough to bust it below the top ten, to 11th place. Then in February Oregon posted only the 20th worst jobless rate in the country, then in March the 25th and in April the 28th. According to national employment data Oregon’s unemployment rate fell the fastest of any other state in the country over the past six months. West Virginia was right behind it. Michigan was right behind West Virginia in terms of the most improved job situation among the 50 states.