If you look at the unemployment rates, it would appear that Oregonians have never had it better. The state set an all-time record low in April at 4.5 percent, but one UO economist suggests in a Wall Street Journal article that those numbers may be too good to be true. 

Tim Duy, an economist at the UO, puts the record low into perspective.

“Is the number exactly right? Probably not,” Duy said. “Is the direction right? Probably yes.”

Duy goes on to say that while the numbers may be off, the general direction is correct and the Oregon economy has been on a significant and sustained pace of growth for some time.

For the full story, see “Arkansas and Oregon Are Enjoying Record-Low Unemployment, For Now” in The Wall Street Journal.