C. Unemployment rates in Oregon continue to fall in November, near record lows before the pandemic

Deschutes County gains jobs at common time of year

BEND, Ore. (KTVZ) – Unemployment levels continued to fall in central Oregon in November, with rates just 1.5 percentage points or less from historically low levels reached before the pandemic, a the Oregon Employment Department reported Tuesday.

“The improvement in the unemployment rate is due to rapid hires, with a pick-up in total levels of non-farm employment in the region,” said regional economist Damon Runberg in his monthly report, which continues in full below. below:

Crook County: The seasonally adjusted unemployment rate fell significantly to 5.9% in November, from 6.2% in October. The unemployment rate is now only 1.5 percentage points higher than before the first impacts of COVID-19 in February 2020, when it was 4.4%.

Crook County continued to post seasonally adjusted job gains in November, shedding 40 fewer jobs than expected this time of year. Employment levels in Crook County are up 5% from pre-pandemic levels in November 2019 (+330 jobs).

The strong hiring over the past year remains concentrated in the companies that support the Prineville data centers. Construction added 200 jobs compared to last November and information increased by 60. There was also a gain of 40 jobs in professional and commercial services. Leisure and hospitality created 40 jobs as of November 2020, but the industry is still down around 6% from 2019 levels.

Deschutes County (Bend-Redmond MSA): The seasonally adjusted unemployment rate fell significantly in November, from 4.9% in October to 4.6%. Unemployment rate remains higher than before the first impacts of COVID-19 in February 2020, when it was at a record high of 3.3%; however, unemployment levels are well below the 10-year average of 6.9%.

The Bureau of Labor Statistics estimates that Deschutes County posted very strong hiring in November. The county created 160 jobs in November at a time when a loss of 300 would be more typical based on normal seasonal trends.

Employment levels in November 2021 exceeded the levels of November 2019 before the start of the pandemic by 870 jobs (+ 1%). Total non-farm employment in local businesses has recovered from the pandemic shock.

The leisure sector continues its rapid recovery, adding 80 jobs in November and 2,130 last year (+ 19.7%). Employment in leisure and hospitality is now only 1.4% below 2019 levels after losing 54% of its jobs during the initial stay-at-home order in spring 2020. There is also had significant gains in the manufacturing sector (+850 jobs); teaching local communities (+830 jobs); and construction (+390) in the last year. The job losses were largely concentrated in retail trade (-370 jobs).

Jefferson County: The seasonally adjusted unemployment rate fell to 5.6% in November from 5.8% in October. The unemployment rate is fast approaching February 2020 levels when it was 4.1% before the first impacts of COVID-19.

Total non-farm employment fell by 90 jobs in November, representing seasonal losses quite typical for this time of year. Jefferson County is approaching an employment recovery from the pandemic shock, with employment in November 2021 only down 0.6% (-40 jobs) from November 2019 levels.

Job gains over the past year have been concentrated in local government (+120 jobs); manufacturing (+60 jobs); and leisure and hospitality (+30 jobs). There were notable job losses in private education and health services, with 50 job cuts from November 2020, and professional and business services (-40 jobs).

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The Oregon Department of Employment plans to release unemployment rates for counties and metropolitan areas for December on Tuesday, January 25 and data from the Unemployment Rate and Employment Survey across the country. the state for December on Wednesday, January 19.

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