OKC VeloCity | OKC metro unemployment falls to the second lowest in the U.S.

OKC metro unemployment falls to the second lowest in the U.S.

By Marcus Elwell / Economy / October 16, 2020

The Oklahoma City metro continued to see positive economic signs with the release of the latest unemployment data. For August, the unemployment rate for the Oklahoma City MSA improved to 5.5%. That rate is the second lowest in the nation for metros with more than one million in population. It also represents a sharp decline from July’s rate of 7.1%.

Statewide, the unemployment rate also saw drastic improvement dropping from 7.1% to 5.7%. The nationwide unemployment rate was 8.4%.

For more on unemployment data click here.

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