The Oklahoma City metro area posted a preliminary unemployment rate of 2.8% in May, up from a revised 2.4% in April. Despite the monthly increase, the metro continues a 46-month streak of unemployment below 4%, the longest such run in the city’s modern history.
BioTC, the state’s first biomanufacturing workforce training center, celebrated the completion of its first training cohort, held April 7-11. Led by the Oklahoma City Innovation District, the program prepares participants for entry-level roles in the biotechnology field.
Oklahoma City ranked No. 1 lowest unemployment rate in April among the 56 U.S. metropolitan areas with a population of over 1 million, signaling strength in the local economy. The metro’s 2.3% unemployment rate was down from 3.0% in March.
Unemployment in the Oklahoma City metro area remained low through the early months of 2025, with slight increases in January and February. Despite the month-to-month changes, the area continued its streak of unemployment below 4%, a sign of ongoing labor market stability both locally and across much of the state.
Oklahoma is attracting thousands of new residents each year, drawn by its affordable housing, job opportunities, and quality of life. In 2023 alone, more than 25,000 people moved to the state, according to a recent migration study by StorageCafe using the latest U.S. Census data. This steady influx placed Oklahoma among the top 10 states for net migration.
Oklahoma leads the nation in profit per employee among Fortune 500 companies, according to a DoFollow report using data from the 2024 Fortune 500 rankings.
Oklahoma City officially opened the OKANA Resort and Indoor Waterpark with a ribbon-cutting ceremony, marking a major milestone for the city’s tourism industry and the Chickasaw Nation’s economic development efforts. The $400 million development in the Horizons District, next to the First Americans Museum (FAM), is the largest commercial investment in Oklahoma City history.
The 2024 By the Numbers report from the Greater Oklahoma City Chamber shows that the region continues to experience significant growth and economic expansion. From population increases to sector growth and improvements in workforce development, the report provides an updated snapshot of the area's ongoing development. Below are some of the key updates:
