Tag Archives: Unemployment

Breaking out of the low-wage trap

One of the major paradoxes that pops up in discussions of poverty and homelessness centers on jobs. The economy is in its ninth year of a post-recession recovery. Unemployment is at record, or near-record, lows. Employers in  Lane County and elsewhere are crying out for employees. So why are there still people struggling to find […]
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Job openings outpace unemployed workers

The labor market has hit a tipping point that should help boost wages: There are more job openings in the U.S. than unemployed workers to fill them. It’s the first time that’s happened since the government began tracking job openings in 2000. Source: Job openings outpace unemployed workers;

First jobs matter: Avoiding the underemployment trap

If graduates start off underemployed, incredible inertia prevents them from getting out of that rut. We all have heard stories of newly minted college graduates working as baristas or selling clothes at Gap. It’s what economists call underemployment: people doing jobs for which they are overqualified. Generally, however, we dismiss the phenomenon as a relic […]
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U.S. economy extends its hiring spree, with a better than expected 223,000 new jobs in May

The U.S. economy added 223,000 jobs in May as U.S. companies continued their hiring spree, according to the Labor Department’s monthly jobs report released Friday. The unemployment rate fell to 3.8 percent, the lowest since 2000. Source: U.S. economy extends its hiring spree, with a better than expected 223,000 new jobs in May – The Washington […]
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Unemployment stays low in Linn, Benton counties

Unemployment stayed low in the mid-Willamette Valley in April, according to figures released by the Oregon Employment Department on Tuesday. Unemployment stayed low in the mid-Willamette Valley in April, according to figures released by the Oregon Employment Department on Tuesday. In Benton County, the seasonally adjusted unemployment rate was unchanged and remained at 3.1 percent. […]
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Jobless rate nearly unchanged in Central Oregon

Employment was steady in Central Oregon in April, though fewer jobs were added in Deschutes County than anticipated, according to data released Tuesday by the Oregon Employment Department. About 660 jobs were added in Deschutes County, and every major private industry sector showed job gains over last April, according to the department. Source: Jobless rate […]
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Jackson County jobless rate lowest in 25 years

The local employment numbers show there have been few times like this in the Rogue Valley even if you go back decades. Jackson County’s April seasonally adjusted jobless rate of 4.6 percent matched the lowest on the books going back to the early 1990s, when the present record system began. Guy Tauer, a regional economist […]
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The U.S. now has a record 6.6 million job openings

Business can’t find enough workers to fill jobs, but they still won’t raise wages much or invest in more training. The United States now has a job opening for every unemployed person in the country, a sign of just how far the nation has turned around from the recession that cost so many Americans their jobs […]
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For first time on record, there’s a job opening for every unemployed worker in America

Another sign that the job market is healing. Some more good news on the job market: For the first time since the Bureau of Labor Statistics began keeping track in 2000, there’s now a job opening available for every single unemployed worker. That’s not the same as saying, of course, that every unemployed worker out […]
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Unemployment below 4 percent, but wage growth is still lousy

The unemployment rate has dropped below 4 percent for the first time in 18 years, and the truth of the matter is we have no idea how much further it can go. That’s the silver lining for what is, if not a dark cloud, at least a surprisingly off-color one: Even though unemployment is a […]
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