Report: Oregon sheds 6,400 jobs in February

PORTLAND, Ore. (AP) - Oregon employers shed thousands of jobs in February, surprising state economists who said there was little optimistic news in a monthly report on unemployment and jobs.

Weakness in construction and retailing stood out in the state Employment Department's report.

On a seasonally adjusted basis, the state lost 6,400 jobs. That means, overall, employers didn't hire on as many workers as they usually do in February.

Construction companies cut jobs instead of adding to payrolls, and retailers cut more than they usually do.

The state unemployment rate, which has been moving down for more than two years, remained at 8.8 percent.

 

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