Manufacturing and Tech Layoffs Push Oregon Jobless Rate to Highest Jump in the U.S.

Oregon businesses have shed 24,600 jobs since the beginning of August 2024, with the manufacturing sector hardest hit, losing 9,400 workers.

This grim reality is underscored by the state’s Employment Department, which recently revealed that unemployment in Oregon now stands at 5% after steadily creeping up since last August, when it stood at 4.2% compared to the national unemployment rate of 4.2%.

The tech industry has also suffered its share of job losses, reporting in excess of 11,000 layoffs since the beginning of 2024.

The tech industry has also suffered its share of job losses, reporting in excess of 11,000 layoffs since the beginning of 2024.

Oregon Has Yet to Return to its Pre-Pandemic Employment Ratios

In July, the Oregon Common Sense Institute stated that a Current Employ