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Story summary
- Oregon's job market declined last fall, with 46,000 job openings—the lowest in over five years.
- The unemployment rate rose to 5.2%, the highest since the pandemic, and there were 2.4 unemployed individuals for each available job.
- Manufacturing has seen layoffs, reflecting the worsening economic situation.
- State economists express cautious optimism about an economic turnaround as unemployment stabilizes for four months and health care adds 13,000 jobs in 2025.
