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PORTLAND, Ore. (KOIN) — There are now more unemployed people than there are jobs available in the U.S., according to the Bureau of Labor Statistics.
There are currently 7.24 million job seekers and 7.18 million open positions, according to the Job Openings and Labor Turnover Survey, or JOLTS report.
As reported by The Hill, the decline is the first time unemployed workers have outnumbered the total number of job openings since 2021.
The situation in Oregon is even worse. The state ranked third for the most unemployment claims per 100,000 people in the workforce last week, according to a recent WalletHub report.
For the week of Aug. 25, unemployment claims increased more than 12% over the previous week. Oregon unemployment claims were also more than 30% higher than the same period last year.
Compared with other states, Oregon ranked sixth for states where unemployment claims increased the most over the previous week.
Connecticut topped the list, and it also saw the most claims per 100,000 people in the workforce. California ranked second for claims per 100,000 workers, and Oregon was third, followed by New Jersey and New York.
The District of Columbia had the most significant difference, with a more than 105% change in unemployment claims year-to-date, compared with the same period last year.
Oregon’s unemployment rate hit 5% for the first time since the pandemic in August. According to the state unemployment dashboard, Oregon lost 2,700 jobs in July. More than 39,000 weekly claims were submitted from Aug. 24 to Aug. 30.
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Amanda Rhoades
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