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First take

There’s been the sense over the last couple of years that the economy has been improving gradually, and it has, but now for the first time in a long time we see the B word – for “boom.” It’s being spoken of in Oregon, though, even as the unemployment rate bumped last month to 5.9 percent from 5.5 percent the month before – the reason being that the labor market is growing rapidly, with more people arriving in the state and otherwise entering. The key bit of news was that Oregon picked up 4,600 new jobs, just about doubling the number from the month before. Yet to be seen: Thorough breakdowns of where and what they are. – rs

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