Oregon jobless still 10.5 percent

The Oregon unemployment rate refused to budge again in October, remaining at 10.5 percent to keep it virtually unchanged for the past year.

But the state did post a gain of 7,600 jobs for October, the largest one-month increase since December 2005, when 8,700 jobs were added.

The jobless rate has been stuck between 10.5 percent and 10.7 percent for the past 12 months.

Nationally, the seasonally adjusted unemployment rate was 9.6 percent for both October and September.

— The Associated Press

Share This Story