November 2024 | Released December 19, 2024

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United States Employment Snapshot

• In November, among the 50 states and the District of Columbia unemployment fell in 6, rose in 25, and remained unchanged in 20.

• The highest unemployment rate was 5.7 percent in Nevada, and the lowest was 1.9 percent in South Dakota. Nationally, the unemployment rate rose by 0.1 percentage point to 4.2 percent.

• In November, payroll jobs rose in 39 states and fell in 12. The largest payroll job percent increase was 0.9 percent in Washington. The largest payroll job percent decline was 0.3 percent in Vermont.

Oregon Employment Snapshot

• In November, Oregon added 5,100 net payroll jobs and the unemployment rate rose by 0.1 percentage point to 4.1 percent. In the prior month, Oregon added 3,500 net payroll jobs.

• Over the past 12 months, Oregon added 24,500 net payroll jobs and the unemployment rate rose by 0.1 percentage point from 4 percent.

• Nationally, nonfarm payrolls rose by 227,000 in November, or 0.1 percent. Oregon is tied for 33rd in the nation for percentage gain in nonfarm payroll employment over the past 12 months.

• In November, Oregon’s private sector added 4,600 net private payroll jobs, and over the past 12 months it added 17,600 private payroll jobs. In the prior month, Oregon added 2,400 net private payroll jobs.

• In November, employment in Oregon rose by 948, and over the past 12 months it rose by 23,723.

• Oregon’s labor force participation rate remained steady at 63 percent in November and is tied for 26th in the nation. In the past 12 months, the labor force participation rate has risen by 0.5 percentage points.

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Oregon Payroll Employment

• Oregon added 5,100 net payroll jobs, or 0.3 percent, on a seasonally adjusted basis during November. In the prior month, Oregon added 3,500 jobs. Oregon nonfarm payroll employment has increased in 10 of the past 12 months.

• Nationally, nonfarm payrolls rose by 227,000 in November, or 0.1 percent. Oregon is tied for 33rd in the nation for percentage gain in nonfarm payroll employment over the past 12 months.

• Oregon added 4,600 private sector jobs, or 0.3 percent. on a seasonally adjusted basis during November. In the prior month, Oregon added 2,400 jobs. Oregon private sector payroll employment has increased in 10 of the past 12 months.

• Nationally, private sector payroll jobs rose by 194,000 jobs in November, or 0.1 percent. Oregon is tied for 32nd in the nation for percentage gain in private sector payroll employment over the past 12 months.

• The best performing sectors on a seasonally adjusted basis during November were Construction (2,100) and Education and Health Services (2,000).

• The poorest performing sectors during the month were Financial Activities (-400) and Leisure and Hospitality (-700).

• The best performing sectors during the last 12 months were Education and Health Services (21,000) and Government (6,900).

• The poorest performing sectors during the last 12 months were Construction (-2,300) and Leisure and Hospitality (-2,400).

Oregon Labor Force

The labor force participation rate is the percentage of the civilian noninstitutionalized population age 16 and older who are employed or actively looking for work.

• The labor force participation rate in Oregon remained unchanged at 63 percent in November.

• Oregon is tied for 26th in the nation.

• The 10-year high for the labor force participation rate in Oregon was 63 percent occurring in November 2024, and the 10-year low was 59.4 percent in April 2020.

• The national labor force participation rate fell by 0.1 percentage points to 62.5 percent in November.