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Oklahoma’s unemployment rate drops to third lowest in U.S.

Emily

Emily

Editor, Senior Moderator
https://www.nwahomepage.com/news/oklahomas-unemployment-rate-drops-to-third-lowest-in-u-s/
Oklahoma’s unemployment rate drops to third lowest in U.S.


by: Justin Trobaugh
Posted: Nov 19, 2021 / 08:50 PM CST / Updated: Nov 19, 2021 / 08:50 PM CST
OKLAHOMA CITY, Okla. (KNWA/KFTA) — New figures released today by the U.S. Bureau of Labor Statistics show Oklahoma’s October 2021 unemployment rate has fallen to 2.7% and is the third lowest in the nation.

According to a news release from Oklahoma Gov. Kevin Stitt’s office, the state’s current unemployment rate is the lowest it has been since the Bureau of Labor Statistics started using the current method of measuring unemployment in 1976, beating the previous low of 2.9% in December 2000...
 
I checked and these are cut & dried BLS stats. Though I think the way unemployment is calculated has been changed over the decades to favor lower rates, (see the Shadow Stats website on this), nothing is known to have changed in the methodology recently. State rankings have changed from pre-pandemic to pandemic years. As you would expect, high tourism states and some highly restricted states have suffered. (You can dig up the 2019 data easily for comparison.)

Nebraska, Utah, Oklahoma, Idaho, South Dakota, and Vermont are the 6 lowest unemployment rates going from lowest to highest.

The highest 6 unemployment rates are in Nevada, California, New Jersey, New York, New Mexico and Connecticut, going from highest to lowest.

https://www.bls.gov/web/laus/laumstrk.htm
 
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