Portland metro area sees 7,500 job losses in May

The Portland metro area lost 7,500 jobs in May, raising the unemployment rate to 4.5%.

PORTLAND, Ore. — The Portland metro area employment picture is looking a little shaky, even ahead of a new round of expected Intel layoffs and without factoring in recent job cuts at two grid battery companies.

The area lost about 7,500 jobs in May and employment is down about 14,000 in the past year, according to a new report from the Oregon Employment Department.

With the job losses, the number of unemployed people in the metro area is up about 11,000 since May 2024, pushing the unemployment rate from

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