Department of Numbers

Portland-Vancouver-Hillsboro, Oregon Unemployment

The BLS reported that the unemployment rate for Portland rose 0.2 percentage points in October 2018 to 4.0%. For the same month, the metro unemployment rate was 0.2 percentage points higher than the Oregon rate. The unemployment rate in Portland peaked in May 2009 at 11.3% and is now 7.3 percentage points lower. From a post peak low of 3.6% in January 2018, the unemployment rate has now grown by 0.4 percentage points. You can also compare Portland unemployment with unemployment in other cities.

Unemployment Rate October 2018 Month/Month Year/Year
National 3.7% 0.0 -0.4
Oregon 3.8% 0.0 -0.4
Portland 4.0% +0.2 -0.1
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with October 2018 data as November metro level unemployment data has not yet been released.

Unemployment Rate: Portland, Oregon, National

Portland, Oregon monthly unemployment rate chart

Note: Recessions shown in gray.

Portland, Oregon Unemployed

The number of people unemployed in Portland peaked in May 2009 at 134,226. There are now 81,197 fewer people unemployed in the metropolitan area. From a recent trough of 47,655 in March 2017, the number of unemployed has now grown by 5,374. Portland employment and jobs data (including jobs lost/gained in Portland, Oregon) is also available.

Unemployed Persons October 2018 Month/Month Year/Year
Portland 53,029 +3,193 -667

Number of Unemployed Persons

Portland, Oregon Unemployment History

Date National
Unemployment Rate
Oregon
Unemployment Rate
Portland
Unemployment Rate
Portland
Unemployed
November
2018
3.7%
October
2018
3.7% 3.8% 4.0% 53,029
September
2018
3.7% 3.8% 3.8% 49,836
August
2018
3.9% 3.8% 3.6% 47,837
July
2018
3.9% 3.9% 3.6% 48,189
June
2018
4.0% 4.0% 3.7% 48,613
May
2018
3.8% 4.1% 3.7% 48,567
April
2018
3.9% 4.1% 3.8% 49,631
March
2018
4.1% 4.1% 3.7% 49,059
February
2018
4.1% 4.1% 3.6% 47,979
January
2018
4.1% 4.1% 3.6% 48,160
December
2017
4.1% 4.1% 3.9% 51,888

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.