Energy Boom: North Dakota’s Unemployment Rate Now Under 3%

This is the non-seasonally adjusted number, but still. Wow:
Labor statistics released today show North Dakota’s May not seasonally adjusted unemployment rate was 2.7 percent. The rate is a 0.4 percentage point decrease from prior month (April 3.1 percent), and 0.5 percentage points lower than one year ago.
The full report is below. North Dakota has just 10,611 people who are counted unemployed state wide.
Unlike every other state in the union, North Dakota doesn’t need to “create jobs.” North Dakota needs to convince people to move here to take the jobs we have.
Posted on June 15, 2012
