Oregon’s unemployment rate has seen little change over the past 18 months. The Oregon Employment Department reported 5.0% in March 2025, and 5.2% and 5.1% for July and August 2026, respectively. The U.S. unemployment rate was 4.1% in both July and August.
Last month, Oregon’s seasonally adjusted nonfarm payroll employment declined by 800 jobs, following a revised loss of 1,800 jobs in July. August’s losses were largest in professional and business services (-1,100 jobs). Gains were largest in construction (+700 jobs) and retail trade (+500).
In the past 12 months, payroll employment dropped by 10,900 jobs, or 0.5%. Health care and social assistance continued its rapid growth of the past four years by adding 10,200 jobs, or 3.2%, in the past 12 months. Private education (+800, or 2.2%) and other services (+1,300 jobs, or 2.0%) were the only other major industries that added jobs since August 2025. Manufacturing (-6,800 jobs, or -3.8%) cut the most jobs in that time. Most of the other major industries cut jobs by less than 2%.
However, there were signs of stabilization over the past five months, as total nonfarm payroll employment inched upward by 1,800 jobs, or 0.1%. The gains since March were largest in health care and social assistance (+3,800 jobs); construction (+2,200); other services (+1,700); retail trade (+1,400); and private education (+1,400). These gains were partially offset by losses in manufacturing (-3,100 jobs); leisure and hospitality (-2,600); and government (-2,000).
