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Tuesday, March 3, 2009

Oregon unemployment rate reaches 9.9 percent


Unemployment in the state of Oregon reached 9.9 percent in January, with 14,600 jobs lost that month. Joblessness has not been this high since the mid-1980’s, when the state was recovering from a recession that ruined the housing and wood products industry. One labor market economist says Oregon was hit harder than the nation as a whole over the last year.

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