Employment in South Central Oregon: November 2017
There was very little change to nonfarm payroll employment over the past 12 months in Klamath and Lake Counties following several years of sustained, yet modest employment growth.
The seasonally adjusted unemployment rate was unchanged at 6.0 percent in November. The rate was essentially unchanged from this time last year when it was 6.3 percent
Klamath County lost 150 jobs in November; fewer losses than typically expected this time of year.
Total nonfarm payroll employment rose by a modest 1.4 percent from November 2016 (+320 jobs). The pace of job growth has been steadily declining the past 6 months. Strong gains in leisure and hospitality (+130) were essentially negated by job losses in professional and business services (-120). Government posted notable job gains over the past year, largely due to gains in local education.
The seasonally adjusted unemployment rate was essentially unchanged at 5.5 percent in November. The rate was 6.1 percent in November 2016, not a statistically significant decline.
The county lost 100 jobs in November, significantly more than the 50 jobs typically shed in November. These losses were largely concentrated in federal government agencies.
Total nonfarm employment is unchanged from this time last year. Industry employment is down due to a sharp decline of 50 jobs in manufacturing. Government employment is up a modest 20 jobs.
Press release from the State of Oregon Employment Department