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Oregon Is Racking Up Record-Level Unemployment Claims

CoStar Insight: Heightened Unemployment Amid Pandemic to Negatively Impact Commercial Real Estate Market
Oregon's state capitol building. (iStock)
Oregon's state capitol building. (iStock)
By Emily Anderer
CoStar Analytics
April 20, 2020 | 9:13 P.M.

Before the coronavirus, unemployment in Oregon was at 3.3%, an all-time low. The situation is now quite different: Over a four-week span beginning the week of March 15 through 21, 297,000 Oregon residents filed for unemployment, accounting for about 15% of the state’s workforce.

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