

By Tove Tupper
October 19, 2009
MEDFORD, Ore. - Experts say the latest Jackson County jobless numbers are indicating that the recession may have hit bottom.
In September, Jackson County's unemployment rate dropped to 12.4 percent from an even 13-percent in August. In September of 2008 unemployment was at 8.1 percent.
Josephine County unemployment held steady at 14.2 percent, down slightly from 14.9 in August.
It was at 9.4 percent in September of 2008.
In Klamath County unemployment dropped slightly from 14.9 to 14.6 percent. This time last year it was 10 percent.
Experts say Jackson County's high but stable rate is a good sign, as it may mean the economy has reached the low point.
"As businesses feel better about improving trade, better inventories, better sales, then eventually they will need more workforce," said Ainoura Oussenbec with the Oregon Employment Department.
Regional experts predict this small improvement will continue over the next two to three months. Especially as the need for seasonal jobs continues. However, it's predicted to rise again in January and February, when seasonal jobs are no longer needed.
Another reason for the drop in unemployment is that some people are simply no longer looking for work.









Comments
unemployment
Hit bottom. Ha Ha.