Preliminary estimates show a slight decrease in the seasonally adjusted unemployment rate for all six counties in Eastern Oregon from October to November. Decreases ranged from 0.1 percentage point in Wallowa County to 0.5 percentage point in Baker and Malheur counties.
Employment in Malheur County increases by 340 jobs over the year. The private sector accounted for more than 90% of the job growth adding 320 jobs to tap non-farm employment. Wholesale trade added 110 jobs and manufacturing added 90 jobs since November 2014, with leisure and hospitality adding 60 jobs and retail trade adding 50. Between October and November, total non-farm employment dropped 130 jobs. Wholesale trade was responsible for the bulk of this loss as the peak period for onion processing passed. Retail trade along with three other industries added 80 jobs over the month to help cushion the overall job loss.
The Oregon Employment Department plans to release the December county and metropolitan area unemployment rates on January 26th and the statewide unemployment rate and employment survey data fro December on January 20th.
Information provided by the State of Oregon Employment Department.
Unemployment tax rates for most Oregon employers will decline January 1, 2016. Employers that pay into the system will move from Schedule 5 to Schedule 4, saving the average Oregon employer about $69 per employee annually. Tax Schedule 4 includes an average rate of 2.26% for the first $36,900 paid to each employee. The specific rate each employer will pay under the new schedule depends on how much they have used the unemployment insurance system. The Oregon Employment Department is mailing notifications to businesses today regarding their individual tax rates. The tax structure for Oregon’s unemployment trust fund consists of eight schedules. Movement between the schedules of tax rates is one of the self-balancing aspects of Oregon’s unemployment insurance trust fund law. Each schedule has a range of tax rates based on an employer’s previous unemployment insurance experience. Employers with more unemployment insurance claims have a higher tax rate than those with fewer claims. Oregon law requires the Employment Department to use a statutory formula to determine employer payroll tax rates for the upcoming year. These taxes go into the unemployment insurance trust fund used to pay unemployment benefits. At its lowest point in 2010, the trust fund had a balance of just under $700 million, but as of October 31, 2015, the balance stood at more than $2.7 billion. Oregon’s self-balancing approach results in the state having one of the strongest trust funds in the nation. The trust fund provides an important support for temporarily unemployed workers, their families and communities while minimizing the impact on employers.
MALHEUR COUNTY, Ore. – The Malheur County Court has approved Malheur County’s attendance to a list of trade shows during 2016. The list includes seven local and regional trade shows with a focus on manufacturing and value-added agriculture.
With the court’s approval, Malheur County Economic Development will begin preparing to attend the Fancy Foods Show, Natural Products Expo West, Northwest Food Processors Expo, Pacific Northwest Sportsman Show, Shot Show, Western Idaho Ag Expo, and Western Treasure Valley Ag Show.
“We cannot just rely on business and industry to come here and ask what Malheur County has to offer,” said Malheur County Judge Dan Joyce. “We have to go to them to develop relationships and share information about our business incentives, available industrial lands, and more.”
“Last year, Malheur County committed to a multi-year presence at select trade shows to both recruit business and development industry relationships that will strengthen our local industry,” said Malheur County Commissioner Larry Wilson.
“Regular attendance and promotion are how you get our name and region in the forefront of companies’ minds,” said Malheur County Commissioner Don Hodge.
Greg Smith, Director
Malheur County Economic Development