{"id":277698,"date":"2023-11-17T11:51:40","date_gmt":"2023-11-17T17:51:40","guid":{"rendered":"http:\/\/csinewsnow.com\/?p=277698"},"modified":"2023-11-17T11:51:40","modified_gmt":"2023-11-17T17:51:40","slug":"north-dakotas-unemployment-rate-1-4-for-october","status":"publish","type":"post","link":"http:\/\/csinewsnow.com\/?p=277698","title":{"rendered":"North Dakota\u2019s Unemployment Rate 1.4% for October"},"content":{"rendered":"\n

Bismarck, N.D. <\/strong>\u2013<\/strong> Job Service North Dakota reported that labor statistics released today show North Dakota\u2019s October not seasonally adjusted unemployment rate was 1.4 percent. The unemployment rate increased 0.1 of a percentage point between September and October<\/a>. <\/a>October 2022\u2019s rate was the same as the current rate.<\/p>\n\n\n\n

Between September 2023 and October 2023 unemployment rose by 60, an increase of 1.1 percent. North Dakota typically sees a decline in unemployment numbers between September and October. The over-the-year decrease (October 2022 to October 2023) in unemployed labor force was 232, a loss of 3.9 percent.<\/p>\n\n\n\n

The national not seasonally adjusted unemployment rate for October was 3.6 percent. It was the same the prior month and 3.4 percent the prior year.<\/p>\n\n\n\n

North Dakota Not Seasonally Adjusted Labor Force Data<\/strong><\/td><\/tr>
 <\/strong><\/td>October 2023<\/strong><\/td>September 2023<\/strong><\/td>October 2022<\/strong><\/td><\/tr>
Unemployment Rate<\/strong><\/td>1.4%<\/td>1.3%<\/td>1.4%<\/td><\/tr>
Unemployed<\/strong><\/td>5,698<\/td>5,638<\/td>5,930<\/td><\/tr>
Employed<\/strong><\/td>410,554<\/td>413,014<\/td>408,509<\/td><\/tr>
Labor Force<\/strong><\/td>416,252<\/td>418,652<\/td>414,439<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

The nation\u2019s seasonally adjusted unemployment rate was 3.9 percent for the month, 0.1 of a percentage point higher than the prior month, and 0.2 of a percentage point higher than one year ago. The seasonally adjusted rate for North Dakota was 1.9 percent, the same as the prior month, and 0.2 of a percentage point lower than 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 October, North Dakota ranked 2nd<\/sup> among all states\u2019 unemployment rates, at 1.9 percent. Maryland came in 1st place, with an unemployment rate of 1.7 percent.<\/p>\n\n\n\n

Seasonally Adjusted Unemployment Rates<\/strong><\/td><\/tr>
 <\/strong><\/td>October 2023<\/strong><\/td>September 2023<\/strong><\/td>October 2022<\/strong><\/td><\/tr>
North Dakota<\/strong><\/td>1.9%<\/td>1.9%<\/td>2.1%<\/td><\/tr>
United States<\/strong><\/td>3.9%<\/td>3.8%<\/td>3.7%<\/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 October 2023 not seasonally adjusted employment increased 1.9 percent (+8,200) from the same period one year ago and increased 0.3 percent (+1,400) 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 2,700 jobs (+15.6 percent). Government (+2,100), Leisure and Hospitality (+2,000), Professional and Business Services (+1,000), Wholesale Trade (+900), Other Services (+800), Private Educational and Health Services (+600), and Retail Trade (+600) reported substantial gains in employment.<\/p>\n\n\n\n

Construction (-2,300), Information (-200), and Financial Activities (-100) posted decreases in employment.<\/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 (-600). The Grand Forks and Fargo metro areas posted employment gains of 1,100 and 100, respectively.<\/p>\n\n\n\n

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

  • Prominent employment gains took place in Private Educational and Health Services (+700) and Government (+300). The largest employment reductions occurred in Mining, Logging, and Construction (-600) and Manufacturing (-300).<\/li><\/ul>\n\n\n\n

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

    • Seven of the major industries reported year-over-year employment increases. Government (+500), Retail Trade (+300), and Professional and Business Services (+200) posted the largest employment gains. The only losses were reported in Mining, Logging and Construction (-100), Financial Activities (-100), and Transportation, Warehousing and Utilities (-100).<\/li><\/ul>\n\n\n\n

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

      • Private Educational and Health Services (+200), Manufacturing (+100), and Other Services (+100) reported employment gains. The most substantial losses occurred in Leisure and Hospitality (-400) and Mining, Logging, and Construction (-300).<\/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 October not seasonally adjusted unemployment rate was 1.4 percent. The unemployment rate increased 0.1 of a percentage point between September and October. October 2022\u2019s rate was the same as the current rate. Between September […]<\/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-277698","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\/277698","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=277698"}],"version-history":[{"count":1,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/277698\/revisions"}],"predecessor-version":[{"id":277699,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/277698\/revisions\/277699"}],"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=277698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=277698"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=277698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}