Department of Numbers

Corvallis, Oregon Unemployment

The BLS reported that the unemployment rate for Corvallis rose 0.1 percentage points in September 2022 to 3.1%. For the same month, the metro unemployment rate was 0.7 percentage points lower than the Oregon rate. The unemployment rate in Corvallis peaked in April 2020 at 9.6% and is now 6.5 percentage points lower. From a post peak low of 2.9% in March 2022, the unemployment rate has now grown by 0.2 percentage points. You can also compare Corvallis unemployment with unemployment in other cities.

Unemployment Rate September 2022 Month/Month Year/Year
National 3.5% -0.2 -1.2
Oregon 3.8% +0.1 -0.7
Corvallis 3.1% +0.1 -0.2
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with September 2022 data as October metro level unemployment data has not yet been released.

Unemployment Rate: Corvallis, Oregon, National

Corvallis, Oregon monthly unemployment rate chart

Note: Recessions shown in gray.

Corvallis, Oregon Unemployed

The number of people unemployed in Corvallis peaked in April 2020 at 4,283. There are now 2,744 fewer people unemployed in the metropolitan area. From a recent trough of 1,409 in May 2022, the number of unemployed has now grown by 130. Corvallis employment and jobs data (including jobs lost/gained in Corvallis, Oregon) is also available.

Unemployed Persons September 2022 Month/Month Year/Year
Corvallis 1,539 +84 -57

Number of Unemployed Persons

Corvallis, Oregon Unemployment History

Date National
Unemployment Rate
Oregon
Unemployment Rate
Corvallis
Unemployment Rate
Corvallis
Unemployed
October
2022
3.7%
September
2022
3.5% 3.8% 3.1% 1,539
August
2022
3.7% 3.7% 3.0% 1,455
July
2022
3.5% 3.5% 2.9% 1,414
June
2022
3.6% 3.5% 2.9% 1,420
May
2022
3.6% 3.5% 2.9% 1,409
April
2022
3.6% 3.7% 2.9% 1,430
March
2022
3.6% 3.8% 2.9% 1,414
February
2022
3.8% 4.0% 3.0% 1,460
January
2022
4.0% 4.2% 3.2% 1,523
December
2021
3.9% 4.2% 3.2% 1,553
November
2021
4.2% 4.2% 3.2% 1,544

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers.