Oregon Workforce and Economic Information: Oregon Employment Forecast: Solid Fundamentals, More Uncertainty

The U.S. economic expansion turned 10 years old this summer, making it the longest expansion in recorded history. Locally, Oregon continues to add jobs and our unemployment rate remains at or near record lows. In addition, incomes are rising and initial claims for unemployment insurance (a measure of layoffs) are down. All told, the state’s economy continues to hit the sweet spot.

How long will this last?

Source: Oregon Workforce and Economic Information: Oregon Employment Forecast: Solid Fundamentals, More Uncertainty