Oregon’s unemployment rate jumped to 8.1% in November from 7.2% in October, according to the state Employment Department.

The state’s seasonally adjusted jobless rate has surged 2.7 percentage points over the past year to the highest since September 2003. The Oregon rate was more than a full percentage point above the 6.7% national unemployment rate in November.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.