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Oregon’s economy continues to improve…but just barely.

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January’s unemployment rate stayed about the same as December; rising barely a tenth of a percent to 8.4%. Around the state, the Portland area sits at 8.5%, Salem 9%, Bend 10.5%, Corvallis 6.2%, Eugene-Springfield 8.3%, Medford area 10.4%.

In the westside rural counties Coos came in at 10.5% in January, Polk 8.1%, Linn 10.8% and Lincoln County holding steady at 8.7%. Wood products, manufacturing and fabricated metals all saw gains in January but at a very slow rate indicating that Oregon, like most states, continues a very sluggish recovery, the glee of stock traders and Wall Street bankers not translating at all across the country.

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