OKC unemployment rate improves
According to the latest figures, OKC's unemployment rate improved four points in November, with a preliminary rate of 5.5%, down from 5.9% in October. OKC ranked #18 among large metros (those metro areas with more than 1 million in population).
Oklahoma County November unemployment also improved over October, at 5.8% vs. 6.3%. State-level seasonally adjusted data also showed an improvement, at 5.9%, down from 6.2% previously. The U.S. overall rate in November was 6.7%, improving from 6.9% in October.
For comparison, Birmingham had the lowest unemployment rate among large metros in November at 3.8%, and Las Vegas the highest at 11.5%.
For more details, please visit:
- Oklahoma Employment Report (includes county level data): https://oklahoma.gov/content/dam/ok/en/oesc/documents/labor-market/reports/2020/county/county-report-2021-01-05.pdf
- BLS Metropolitan Economic News Release: http://www.bls.gov/news.release/metro.nr0.htm
- Unemployment Rate Rankings for Large Metros: https://www.bls.gov/web/metro/laulrgma.htm