Oregon saw more than 14,000 jobs eliminated over two years. Major employers like Intel and Nike contributed to this surge. The rate of job cuts has notably decreased recently. Oregon's unemployment rate has stabilized at 5.2% for almost twelve months. Economists now seek increased hiring to further improve the labor market.
https://www.oregonlive.com/business/2026/05/is-oregons-layoff-binge-over.html