Oregon sheds jobs in August; jobless rate tops 4 percent - KPTV - FOX 12

Oregon sheds jobs in August; jobless rate tops 4 percent

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PORTLAND, OR (KPTV) -

Oregon's unemployment rate has topped 4 percent for the first time in months.

The state Employment Department said Tuesday the jobless rate for August was 4.1 percent, up from 3.8 percent a month earlier. Leisure and hospitality and government were the hardest-hit industries, with both shedding more than 3,000 jobs.

Overall, the state lost 9,500 jobs in August - the first decline since January. Despite the weak report, the unemployment rate is nearly a full percentage point lower than it was at this time last year.

Another unemployment measure, known as U-6, was at 8 percent in August - up from 7.7 percent in July. The figure includes discouraged workers who stopped looking as well as part-time workers who want but can't get full-time jobs.

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