Oregon reports steepest jobless rise in nation

The Associated Press

PORTLAND — Oregon has recorded the steepest year-over-year rise in unemployment rates among the states and now its jobless rate ranks second among them.

This week, the state Employment Department said the Oregon unemployment rate jumped to 12.1 percent in March, matching the highest rate of the recession of the early 1980s.

The U.S. Bureau of Labor Statistics said Friday that put the state second to Michigan, whose unemployment rate is 12.6 percent. South Carolina is third at 11.4 percent. The national rate is 8.5 percent.

The federal agency says that Oregon's unemployment rate has risen 6.6 percentage points since March of last year, the largest increase in the nation. South Carolina's rate has increased 5.5 percentage points.

Share This Story