{"id":279492,"date":"2024-01-24T08:32:00","date_gmt":"2024-01-24T14:32:00","guid":{"rendered":"http:\/\/csinewsnow.com\/?p=279492"},"modified":"2024-01-24T08:32:22","modified_gmt":"2024-01-24T14:32:22","slug":"north-dakotas-unemployment-rate-1-7-for-december","status":"publish","type":"post","link":"http:\/\/csinewsnow.com\/?p=279492","title":{"rendered":"North Dakota\u2019s Unemployment Rate 1.7% For December"},"content":{"rendered":"\n

Bismarck, N.D. <\/strong>\u2013<\/strong> Job Service North Dakota reported that labor statistics released today show North Dakota\u2019s December not seasonally adjusted unemployment rate was 1.7 percent. The unemployment rate increased 0.3 of a percentage point between November and December. December 2022\u2019s rate was 0.3 of a percentage point higher than the current rate.<\/p>\n\n\n\n

Between November 2023 and December 2023 unemployment rose by 1,312, an increase of 22.5 percent. North Dakota typically sees a moderate increase in unemployment numbers between November and December. The over-the-year decrease (December 2022 to December 2023) in unemployed labor force was 1,216, a loss of 14.6 percent.<\/p>\n\n\n\n

The national not seasonally adjusted unemployment rate for December was 3.5 percent. It was the same the prior month and 3.3 percent the prior year.<\/p>\n\n\n\n

North Dakota Not Seasonally Adjusted Labor Force Data<\/strong><\/td><\/tr>
 <\/strong><\/td>December 2023<\/strong><\/td>November 2023<\/strong><\/td>December 2022<\/strong><\/td><\/tr>
Unemployment Rate<\/strong><\/td>1.7%<\/td>1.4%<\/td>2.0%<\/td><\/tr>
Unemployed<\/strong><\/td>7,131<\/td>5,819<\/td>8,347<\/td><\/tr>
Employed<\/strong><\/td>402,128<\/td>406,377<\/td>400,664<\/td><\/tr>
Labor Force<\/strong><\/td>409,259<\/td>412,196<\/td>409,011<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

The nation\u2019s seasonally adjusted unemployment rate was 3.7 percent for the month, the same as 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 December, North Dakota ranked 1st<\/sup> among all states\u2019 unemployment rates, at 1.9 percent. Maryland tied with North Dakota. South Dakota came in 3rd place, with an unemployment rate of 2.0 percent. <\/p>\n\n\n\n

Seasonally Adjusted Unemployment Rates<\/strong><\/td><\/tr>
 <\/strong><\/td>December 2023<\/strong><\/td>November 2023<\/strong><\/td>December 2022<\/strong><\/td><\/tr>
North Dakota<\/strong><\/td>1.9%<\/td>1.9%<\/td>2.1%<\/td><\/tr>
United States<\/strong><\/td>3.7%<\/td>3.7%<\/td>3.5%<\/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 December 2023 not seasonally adjusted employment increased 2.6 percent (+11,000) from the same period one year ago and decreased 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. Mining and Logging posted the largest employment percentage increase at 13.4 percent (+2,300). Government posted the largest numerical employment increase, with a gain of 2,500 jobs (+3.0 percent). The Local Government Educational Services subsector contributed the largest portion of this increase, a gain of 1,200 jobs. Other prominent employment increases were reported in Private Educational and Health Services (+2,200), Leisure and Hospitality (+1,500), Wholesale Trade (+1,300), and Retail Trade (+1,200).<\/p>\n\n\n\n

Construction (-700), Financial Activities (-400) and Information (-200) reported decreases in employment. Manufacturing remained unchanged.<\/p>\n\n\n\n

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

All three of North Dakota\u2019s metro areas reported increases in annual employment. Grand Forks posted the largest change in employment, with a gain of 1,400 jobs. Fargo and Bismarck followed with employment gains of 800 and 100, respectively.<\/p>\n\n\n\n

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

  • Private Educational and Health Services (+300), Retail Trade (+100), Wholesale Trade (+100), and Other Services (+100) reported employment gains. The most substantial losses occurred in Professional and Business Services (-200).<\/li><\/ul>\n\n\n\n

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

    • Prominent employment gains took place in Government (+700) and Retail Trade (+300). Employment reductions occurred in Financial Activities (-100).<\/li><\/ul>\n\n\n\n

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

      • Over half of the major industries reported year-over-year employment increases. Private Educational and Health Services (+1,000) and Retail Trade (+600) posted the largest employment gains. Prominent employment reductions were reported in Mining, Logging and Construction (-500), Professional and Business Services (-400), and Manufacturing (-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 December not seasonally adjusted unemployment rate was 1.7 percent. The unemployment rate increased 0.3 of a percentage point between November and December. December 2022\u2019s rate was 0.3 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-279492","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\/279492","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=279492"}],"version-history":[{"count":1,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/279492\/revisions"}],"predecessor-version":[{"id":279493,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/279492\/revisions\/279493"}],"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=279492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=279492"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=279492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}