Economist: If Underemployed & Part-Time Included State's Jobless Rate Doubles

By Jim McCoy Wed 3rd April Newseconomyjobs
If you include people who gave up looking for work and underemployed people in part-time jobs, Oregon's unemployment rate last year was more than 17 percent of the workforce - almost double the state's official jobless rate. Figures released Tuesday by the U.S. Bureau of Labor Statistics show 173,300 Oregonians were unemployed in 2012. Another 167,800 were underemployed or unemployed and not counted. University of Oregon economist Tim Duy told The Register-Guard reports the figures show that although the economy is improving, not enough full-time jobs are being created. Associated Press

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