Oregon State Economist Josh Lehner: "Declining Job Vacancies is Good News"

In recent quarters, Oregon has been among the many states registering a higher number of job-seekers than employment opportunities. This makes the recent decrease in job openings a positive sign for the state's recovery, Economist Josh Lehner writes. 

The ratio of job openings per unemployed Oregonian reached 1.6 in June, down from 1.9 in March. While this is still an imbalance and indicative of a very tight labor market, Lehner writes, "movement toward better balance is still movement toward better balance and a soft landing."

Read the full post at OregonEconomicAnalysis.com.