OKC VeloCity | OKC MSA sees a drop in unemployment rate

OKC MSA sees a drop in unemployment rate

By Marcus Elwell / Economy / February 14, 2020

According to the latest numbers from the U.S. Bureau of Labor Statistics, unemployment dropped to 2.8% in the Oklahoma City MSA in December. It was down from 3.1% the previous month.

This represented the 18th-lowest unemployment rate of all large metros in the country. For the calendar year, the unemployment rate for the metro hovered around 3%. In April, it dipped to 2.6% which represented the lowest rate for Oklahoma City during the past 20 years.

On the statewide level, the rate remained at 3.4%. The national rate also remained unchanged at 3.5%.

To read more of the data visit here.

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