Construction, health care lead way (again) in May job growth
Oregon added about 4,800 jobs in May as the state's unemployment rate held steady at 4.1 percent, state employment officials said Tuesday.
Construction, health care and professional and business services industries led the way in jobs last month. The state lost about 700 jobs in April, but bounced back in May. The unemployment rate has been at or near 4.1 percent for 17 consecutive months, the lowest level since 1976.
In May, Oregon construction firms added 1,600 jobs; health care and social assistance added 1,500; professional and business services added 1,000); and leisure and hospitality added 900.
Only two industries — wholesale trade (down 800 jobs) and retail trade (down 600) — lost jobs last month.
Construction employment reached an all-time high of 106,400 jobs in May, better than the 105,400 jobs the industry had in August 2007. Since 2007, state employment officials said June 12, residential building has grown the fastest. Building equipment contractors grew 12 percent during the past 11 years and non-residential construction grew 8 percent.