{"id":274115,"date":"2023-07-21T09:57:30","date_gmt":"2023-07-21T14:57:30","guid":{"rendered":"http:\/\/csinewsnow.com\/?p=274115"},"modified":"2023-07-25T12:15:03","modified_gmt":"2023-07-25T17:15:03","slug":"north-dakotas-unemployment-rate-2-3-for-june","status":"publish","type":"post","link":"http:\/\/csinewsnow.com\/?p=274115","title":{"rendered":"North Dakota\u2019s Unemployment Rate 2.3% for June"},"content":{"rendered":"\n

Bismarck, N.D. <\/strong>\u2013<\/strong> Job Service North Dakota reported that labor statistics released today show North Dakota\u2019s June not seasonally adjusted unemployment rate was 2.3 percent. The unemployment rate increased 0.4 of a percentage point between May and June<\/a>. <\/a>June 2022\u2019s rate was 0.1 of a percentage point higher than the current rate.<\/p>\n\n\n\n

Between May 2023 and June 2023 unemployment rose by 1,588, an increase of 19.9 percent. North Dakota typically sees a moderate change in unemployment numbers between May and June. The over-the-year decrease (June 2022 to June 2023) in unemployed labor force was 348, a loss of 3.5 percent.<\/p>\n\n\n\n

The national not seasonally adjusted unemployment rate for June was 3.8 percent. It was 3.4 percent the prior month and 3.8 percent the prior year.<\/p>\n\n\n\n

North Dakota Not Seasonally Adjusted Labor Force Data<\/strong><\/td><\/tr>
 <\/strong><\/td>June 2023<\/strong><\/td>May 2023<\/strong><\/td>June 2022<\/strong><\/td><\/tr>
Unemployment Rate<\/strong><\/td>2.3%<\/td>1.9%<\/td>2.4%<\/td><\/tr>
Unemployed<\/strong><\/td>9,576<\/td>7,988<\/td>9,924<\/td><\/tr>
Employed<\/strong><\/td>414,615<\/td>413,129<\/td>411,542<\/td><\/tr>
Labor Force<\/strong><\/td>424,191<\/td>421,117<\/td>421,466<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

The nation\u2019s seasonally adjusted unemployment rate was 3.6 percent for the month, lower than the prior month by 0.1 of a percentage point, and the same as one year ago. The seasonally adjusted rate for North Dakota was 2.0 percent, lower than the prior month by 0.1 of a percentage point, and the same as one year ago. The seasonal adjustment process uses a statistical adjustment to accommodate predictable fluctuations between months such as length of daylight and typical weather, allowing for comparison between all months of a year.<\/p>\n\n\n\n

In June, North Dakota ranked 5th<\/sup> among all states\u2019 unemployment rates, at 2.0 percent. Maryland tied with North Dakota. New Hampshire and South Dakota tied for 1st place, with unemployment rates of 1.8 percent.<\/p>\n\n\n\n

Seasonally Adjusted Unemployment Rates<\/strong><\/td><\/tr>
 <\/strong><\/td>June 2023<\/strong><\/td>May 2023<\/strong><\/td>June 2022<\/strong><\/td><\/tr>
North Dakota<\/strong><\/td>2.0%<\/td>2.1%<\/td>2.0%<\/td><\/tr>
United States<\/strong><\/td>3.6%<\/td>3.7%<\/td>3.6%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

North Dakota\u2019s Nonfarm Employment<\/strong><\/p>\n\n\n\n

Preliminary estimates indicate North Dakota\u2019s June 2023 not seasonally adjusted employment increased 2.4 percent (+10,500) from the same period one year ago and increased 1.1 percent (+4,700) over the month.<\/p>\n\n\n\n

Nine of the 13 major industries reported year-over-year employment increases, led by Mining and Logging posting a gain of 4,000 jobs (+24.7 percent). Leisure and Hospitality (+1,900) and Private Educational and Health Services (+1,900) tied with the second largest employment increase. Within Leisure and Hospitality, the Accommodation and Food Services subsector contributed the largest portion of this increase, a gain of 1,100 jobs. Within Private Educational and Health Services, the Health Care and Social Assistance subsector contributed the largest portion of this increase, a gain of 1,500 jobs. Other prominent super sector employment increases were reported in Retail Trade (+1,100), Professional and Business Services (+1,000), Wholesale Trade (+600), and Other Services (+600).<\/p>\n\n\n\n

Construction (-800) and Information (-300) posted decreases in employment. Financial Activities and Government employment remained stable.<\/p>\n\n\n\n

METRO AREAS<\/strong><\/strong><\/p>\n\n\n\n

Of North Dakota’s three metro areas over-the-year, Bismarck was the only metro area to post an employment loss (-400). The Fargo and Grand Forks metro areas posted employment gains of 1,700 and 1,300, respectively.<\/p>\n\n\n\n

BISMARCK<\/strong><\/p>\n\n\n\n

  • Private Educational and Health Services (+200), Wholesale Trade (+100), Retail Trade (+100), and Other Services (+100) reported employment gains. Losses occurred in Leisure and Hospitality (-400), Government (-300), and Mining, Logging and Construction (-200).<\/li><\/ul>\n\n\n\n

    GRAND FORKS<\/strong><\/strong><\/p>\n\n\n\n

    • Eight of the 12 major industries reported year-over-year employment increases. Retail Trade (+300), Private Educational and Health Services (+300), Government (+300) posted the largest gains in employment. The only losses were reported in Mining, Logging, and Construction (-200).<\/li><\/ul>\n\n\n\n

      FARGO<\/strong><\/p>\n\n\n\n

      • Prominent employment gains took place in Private Educational and Health Services (+1,900), Leisure and Hospitality (+500), and Retail Trade (+500). The largest employment reductions occurred in Government (-700), Information (-300), and Professional and Business Services (-300). All other industries either remained stable or reported employment fluctuations of 200 or less.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"

        Bismarck, N.D. \u2013 Job Service North Dakota reported that labor statistics released today show North Dakota\u2019s June not seasonally adjusted unemployment rate was 2.3 percent. The unemployment rate increased 0.4 of a percentage point between May and June. June 2022\u2019s rate was 0.1 of a percentage point higher than the […]<\/p>\n","protected":false},"author":4,"featured_media":270562,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-274115","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-state"],"_links":{"self":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/274115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=274115"}],"version-history":[{"count":1,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/274115\/revisions"}],"predecessor-version":[{"id":274116,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/274115\/revisions\/274116"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/media\/270562"}],"wp:attachment":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=274115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=274115"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=274115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}