North Dakota’s Unemployment Rate 2.1% for August

Job Service North Dakota reported that labor statistics released today show North Dakota’s August not seasonally adjusted unemployment rate was 2.1 percent. The rate is unchanged from the prior month, and 0.8 of a percentage point lower than the same period one year ago. The national rate was 4.5 percent.

North Dakota Not Seasonally Adjusted Labor Force Data

  August 2017 July 2017 August 2016
Unemployment Rate 2.1% 2.1% 2.9%
Unemployed 8,953 8,771 12,150
Employed 413,552 416,404 411,853
Labor Force 422,505 425,175 424,003

 

 

 

 

 

The nation’s seasonally adjusted unemployment rate was 4.4 percent for the month, higher than the prior month and lower than the same period one year ago. The seasonally adjusted rate for North Dakota was 2.3 percent, unchanged from the prior month and lower than the same period 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. Seasonal adjustment allows for comparison between all months of a year.

Seasonally Adjusted Rates

  August 2017 July 2017 August 2016
North Dakota 2.3% 2.3% 3.1%
United States 4.4% 4.3% 4.9%

Notes:
1.    The unemployment rate is the percentage of people actively seeking work compared to those in the labor force (employed plus unemployed).
2.    Data are subject to revision.
3.    The Job Service North Dakota Labor Market Information Center produced these statistics using the U.S. Bureau of Labor Statistics’ nationally-required standard methodology.
4.    County and substate areas will be posted on 8-23-2017 to the Labor Market Information website.