County job market remains flat
Employment Subtle changes in rates show positive growth continues, however, not drastically
Although the unemployment rate for July in Yamhill County dropped to 6.4 percent, down from 6.6 percent in June and 7.5 percent last year, analysts report the job market is fairly flat.
The private sector only lost 10 jobs over the month. Government only lost 30 jobs when you factor out local education, said Will Summers, workforce analysts for the Oregon Employment Department. I would read this as the job market is pretty flat over the past two months.
Yamhill Countys rate was still lower than the state average of 6.9 percent, with just shy of 3,400 residents unemployed from the 49,000 workforce.
Since July 2013, the county has added 926 people to the labor force and gained 580 jobs in the non-farm employment sector from last year.
As for job loss, Yamhill Countys loss was smaller than typical. About 610 jobs were lost between June and July, where normally that number rests closer to 800. The largest factor in jobs lost was in the government sector with 600 of the 610 lost, although that employment drop is normal with the summer break for schools.
From August 2007, pre-recession, to now the employment level in Yamhill County is down 267 jobs, which equates to 0.8 percent. The state level is 1.3 percent below its pre-recession peak in December 2007.
Employment growth remains positive for the county with construction adding the most growth. However, higher than normal unemployment rates are expected to last the rest of the year.