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Job prospects improve in Oregon

Job prospects improve in Oregon
Posted May 14th, 2013 @ 1:05pm

Oregon's economy remains on the road to recovery and the speed of travel is slowly increasing.

The Oregon Employment Department reports the unemployment rate declined from 8.2% in March to 8.0% percent in April.  The state added 3,700.  Private businesses added 3,800 jobs and the government cut 100 jobs.

Most of the new jobs were in leisure and hospitality, which includes restaurants and hotels.  Despite improvement in home building the construction industry still hasn't seen significant growth.

The U6 unemployment rate, which includes people who have given up finding a job, is 16%.

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