Medford, Oregon Unemployment
The BLS reported that the unemployment rate for Medford rose 0.1 percentage points in January 2023 to 5.1%. For the same month, the metro unemployment rate was 0.3 percentage points higher than the Oregon rate. The unemployment rate in Medford peaked in April 2020 at 13.6% and is now 8.5 percentage points lower. From a post peak low of 3.7% in July 2022, the unemployment rate has now grown by 1.4 percentage points. You can also compare Medford unemployment with unemployment in other cities.
| Unemployment Rate | January 2023 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.4% | -0.1 | -0.6 |
| Oregon | 4.8% | 0.0 | +1.0 |
| Medford | 5.1% | +0.1 | +0.5 |
Unemployment Rate: Medford, Oregon, National
Note: Recessions shown in gray.
Medford, Oregon Unemployed
The number of people unemployed in Medford peaked in April 2020 at 13,679. There are now 8,189 fewer people unemployed in the metropolitan area. From a recent trough of 4,032 in July 2022, the number of unemployed has now grown by 1,458. Medford employment and jobs data (including jobs lost/gained in Medford, Oregon) is also available.
| Unemployed Persons | January 2023 | Month/Month | Year/Year |
|---|---|---|---|
| Medford | 5,490 | +174 | +527 |
Number of Unemployed Persons
Medford, Oregon Unemployment History
| Date | National Unemployment Rate |
Oregon Unemployment Rate |
Medford Unemployment Rate |
Medford Unemployed |
|---|---|---|---|---|
| February 2023 |
3.6% | — | — | — |
| January 2023 |
3.4% | 4.8% | 5.1% | 5,490 |
| December 2022 |
3.5% | 4.8% | 5.0% | 5,316 |
| November 2022 |
3.6% | 4.8% | 4.7% | 5,010 |
| October 2022 |
3.7% | 4.8% | 4.3% | 4,678 |
| September 2022 |
3.5% | 4.6% | 4.1% | 4,404 |
| August 2022 |
3.7% | 4.3% | 3.9% | 4,193 |
| July 2022 |
3.5% | 4.1% | 3.7% | 4,032 |
| June 2022 |
3.6% | 3.9% | 3.8% | 4,150 |
| May 2022 |
3.6% | 3.7% | 3.9% | 4,244 |
| April 2022 |
3.6% | 3.6% | 4.0% | 4,392 |
| March 2022 |
3.6% | 3.5% | 4.2% | 4,518 |
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. ↩
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