Greetings Economic Indicators fans!
Key takeaways from this month’s indicators are:
- The year-over-year unemployment rate decreased in Curry County and held steady in Coos and Douglas counties. Curry County experienced a record-low unemployment rate for the third straight month.
- All three counties experienced year-over-year growth in total nonfarm employment levels.
- This edition’s Graph of the Month: Check out “South Coast Average Monthly Earnings by Education Level” where regional economist Guy Tauer discusses education’s effect on wages in the South Coast.
Bonus: Take a look at The Oregon Coast Wage Challenge where regional economist Erik Knoder examines wages by industry and firm size to highlight one reason why youth may move from the coast to Portland and other metro areas.
Workforce and Economic Research Division
Oregon Employment Department