Oregon faced a historic surge in layoffs in 2025, surpassing Great Recession levels and pushing unemployment to its highest point since the pandemic. New data highlights the industries hit hardest and the broader economic implications for the state.

Oregon taxpayers will receive a 9.863% “kicker” credit on their 2025 state tax returns after the state confirmed a $1.41 billion revenue surplus for the 2023–2025 biennium. The credit will be applied when taxpayers file in 2026.

Pacific Crest Federal Credit Union will become Sage Credit Union on January 1, 2026, reflecting its expanded charter and new chapter of growth across Oregon and Nevada.