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Unemployment Rate Information
This year compared to last:
| November 2012 |
8.1% |
| November 2011 |
9.1% |
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Between January 2008 and now:
| Lowest |
5.3% (January 2008) |
| Highest |
11.6% (June 2009) |
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New Unemployment Insurance Claims Information
This year compared to last:
| November 2012 |
23,033 |
| November 2011 |
26,116 |
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Between January 2008 and now:
| Lowest |
14,188 (May 2008) |
| Highest |
50,753 (December 2008) |
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The unemployment rate measures the percent of the non-institutional civilian labor force which is currently unable to find employment, but which is actively seeking employment. “Seasonal adjustment” is a statistical process which removes the effect of typical seasonal events such as summer breaks for school, or weather-related fluctuations in food processing or construction. Data that have been seasonally adjusted are more likely to reflect true changes in the economy. The non-seasonally adjusted unemployment rates reflect the true number of people in a local economy who are seeking work.
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New unemployment insurance claims measures the total number of all new workers who are eligible, seek, and obtain all types of unemployment insurance benefits in a given month.
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Source: Oregon Employment Department |
Source: Oregon Employment Department |
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The labor force participation rate is the percent of the population aged 16 and over who are part of the civilian labor force (employed or unemployed).
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The total of all new unemployment insurance claimants as a percentage of the civilian labor force (the number of civilians who are classified as employed and unemployed in a region).
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Source: Oregon Employment Department |
Source: Oregon Employment Department |