north dakota may 2015 jobs report

8/21/2019 North Dakota May 2015 Jobs Report

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LABOR MARKET INFORMATION CENTER

RELEASE DATE: JUNE 19, 2015

North Dakota's Workforce Intelligence Network—NDWIN for short—is a next generation internet application that

compiles, disseminates and publishes the state's leading economic data and labor market information from wages to

projections to the latest employment figures.

2014 NORTH DAKOTA OIL AND GAS EMPLOYMENT REPORT

The is the product of a North Dakota Legislature directive given to Job

Service North Dakota (JSND) to quantify employment and wages attributable to the state's oil and gas sector. To this end,

JSND administered a special survey to collect information specific to oil and gas activity, and supplemented it with data from

established sources. As a result, the figures published in this report provide a detailed view of North Dakota's oil and gas

sector at state, county, and city levels. This report only examines employment designated as necessary for the extraction of oil

and gas. It does not include ancillary employment (e.g. related to food, housing, health care, government, etc.). This report’s

focus was on employment tied to wel l-pad operations.

NORTH DAKOTA’S UNEMPLOYMENT RATE 2.8% FOR MAY 2015

North Dakota’s May 2015 not seasonally adjusted unemployment rate was 2.8 percent. The rate is three-tenths of a

percentage point lower than the prior month but four-tenths of a percentage point higher than the same period last

year. The state continues to be lower than the national rate. The national not seasonally adjusted unemployment rate

was 5.3 percent.

North Dakota Not Seasonally Adjusted Labor Force Data

May 2015 Apr 2015 May 2014

Unemployment Rate 2.8% 3.1% 2.4%

Unemployed 11,632 12,856 10,135

Employed 405,055 404,633 406,614

Labor Force 416,687 417,489 416,749

The nation’s seasonally adjusted unemployment rate was 5.5 percent for the month. This is higher than the prior

month but lower than the same period last year. The seasonally adjusted rate for North Dakota was 3.1 percent

which is unchanged from the prior month but higher than the same period last year. Seasonal adjustment is a

statistical technique that attempts to measure and remove the influences of predictable seasonal patterns (e.g.

changes in weather, harvests, major holidays, school schedules, etc.) to reveal how employment and unemploymentchange from month to month.

-Adm-JS Listserv LMI e-Alert to JSN-LMI-EALERT 9:31 AM

2014 North Dakota Oil and Gas Employment Report

Labor Market Information News Alert

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Seasonally Adjusted Rates

May 2015 Apr 2015 May 2014

North Dakota 3.1% 3.1% 2.7%

United States 5.5% 5.4% 6.3%

The unemployment rate is the percentage of people actively seeking work compared to those in the labor force

(employed plus unemployed). Data are subject to revision. The Job Service North Dakota Labor Market Information

Center produced these statistics using the U.S. Bureau of Labor Statistics’ nationally-required standard

methodology.

For more information, visit the page. Region, metro, and county data

will be released on 6-24-2015.

MAY 2015 JOBS REPORT

Preliminary estimates indicate North Dakota's May 2015 not seasonally adjusted employment increased by 0.2

percent (+700) from the prior month and is up 0.4 percent (+1,900) from the same period last year. Over the year, the

largest private-industry employment gains were reported in Construction (+1,300), Other Services (+800), and Retail

Trade (+600) and Leisure & Hospitality (+600). Four industries reported year-over-year declines in employment:

Mining & Logging (-1,100); Transportation, Warehousing, & Utilities (-700); Professional & Business Services (-600);

and Information (-300). All three metro areas recorded year-over-year employment gains. Grand Forks reported the

highest growth rate at 2.3 percent, while Bismarck and Fargo posted growth rates of 2.2 percent and 1.5 percent,

respectively.

The is updated monthly using data extracted from the Current Employment Statist ics (CES) program.

The report is a snapshot of the state's current labor market and summarizes payroll or nonfarm employment

estimates for North Dakota and its three metro areas (Bismarck, Fargo, Grand Forks).

MAY 2015 INITIAL CLAIMS DATA

In May 2015, North Dakota initial unemployment claims were higher by 75.7 percent (+904) compared to a year ago.

Eleven of the 13 major industries reported year-over-year increases in initial claims while two reported decreases. Of

the major industry categories, Manufacturing reported the largest year-over-year numeric increase in initial claims

(+288), followed by Natural Resources & Mining (+261), and Construction (+160). Government (-36) and Educational

& Health Services (-4) reported the only year-over-year decreases. Thirty-nine of 53 North Dakota counties reported

over-the-year increases in initial unemployment claims, while 11 reported decreases and 3 reported no change. Of

the counties with year-over-year increases in initial claims, 41 percent reported increases of less than five. Cass

County reported the largest numeric increase over the year (+126), followed by Williams (+123) and Stark (+92). The

county with the largest numeric decrease over the year was Rolette (-32).

For more information, visit the page which highlights the most recently released monthly initial

claims data from the unemployment insurance program.

IN CASE YOU MISSED IT

The U.S Bureau of Economic Analysis (BEA) recently released preliminary 2014 state-level GDP data.

North Dakota had the highest 2014 real GDP growth rate in the nation at 6.3 percent, followed by Texas at

5.2 percent and West Virginia and Wyoming at 5.1 percent. In 2013, North Dakota’s real GDP grew by a

revised 0.9 percent. The national growth rate for 2014 was 2.2 percent, higher than 2013’s 1.9 percent rate.

Labor Force and Unemployment Statistics

Jobs Report

Initial Claims Data

https://www.ndworkforceintelligence.com/gsipub/index.asp?docid=518https://www.ndworkforceintelligence.com/gsipub/index.asp?docid=543https://www.ndworkforceintelligence.com/gsipub/index.asp?docid=542


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In North Dakota, mining contributed 2.47 percentage points to North Dakota’s real GDP growth of 6.3

percent. Between 2010 and 2014, North Dakota’s real GDP grew 40 percent to $48.2 billion. For additional

details, please visit the webpage.

RECENT DATA OR PRODUCT UPDATES

The following is a list of recent data or product updates to since our last News Alert:

May 2015 U.S. Producer Price Index [PPI]

May 2015 U.S. Consumer Price Index [CPI]

News Alerts are published twice a month by the Labor Market Information Center at Job Service North Dakota. To

subscribe/unsubscribe to this newsletter, visit the and enter your company/name and e-

mail address then check/uncheck the ‘Labor Market Information e-Alert’ newsletter box and submit. An e-mail will besent to confirm your subscription addition/change.

Articles are for general information only and are not intended to provide specific advice or recommendations. E-mail

addresses will not be sold or distributed. Direct any questions or concerns about this newsletter to the

.

E-MAIL: | LOCAL: 701-328-2868 | TTY: 800-366-6888

Job Service North Dakota is an equal opportunity employer/program provider. Auxiliary aids and services are available upon request to

individuals with disabilities.

U.S. Bureau of Economic Analysis

NDWIN

May 2015 State Labor Force and Unemployment Statistics [LAUS]

May 2015 State and Metro Current Employment Statistics [CES]

May 2015 State and County Initial Unemployment Insurance Claims

2014 North Dakota Oil and Gas Employment Report

ADDITIONAL INFORMATION

subscription request page

Labor Market

Information Center

[email protected]
mailto:[email protected]://web.apps.state.nd.us/itd/listserv/maint.htm?appId=JSN-SELFSUBSCRIBEhttps://www.ndworkforceintelligence.com/gsipub/index.asp?docid=586http://www.ndworkforceintelligence.com/https://www.ndworkforceintelligence.com/gsipub/index.asp?docid=542https://www.ndworkforceintelligence.com/gsipub/index.asp?docid=518mailto:[email protected]://www.bea.gov/newsreleases/regional/gdp_state/gsp_newsrelease.htmhttps://www.ndworkforceintelligence.com/gsipub/index.asp?docid=543

north dakota may 2015 jobs report

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