Overall unemployment rate moved up to 3.8% with the biggest shift in Government, which lost 1,700 roles, based on the most recently available information published in August 2022.
Total employment in the Bend-Redmond, OR market declined by 518 jobs in July and the unemployment rate increased compared to the prior month by 40 bps to 3.8%. The national unemployment rate decreased by 5 bps over the same time to 3.8%.
- Bend-Redmond, OR unemployment rate is 2 bps above the national rate which is a negative sign.
- Unemployment in the market is 110 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in July versus prior month by 0.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.0%. Key sectors include:
- Transportation & Utilities: 17,300; +100
- Education & Healthcare: 15,300; -100
- Restaurants & Hotels: 15,100; +400
- Business Services: 10,400; +100
- Construction, Mining: 8,600; +200
- Government: 8,100; -1,700
- Manufacturing: 6,000; no change
- Financial Services: 5,700; +100
- Other Jobs: 3,100; no change
- IT & Development: 1,700; no change
Data is based on the most recent 12 months available, through July 2022 (Data published August 2022 and reports created on September 2, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.