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.
Dennis Pruitt, senior vice president of economic development at the Greater Oklahoma City Chamber, brings more than two decades of experience across local, regional and international markets. From city planning in Kansas to foreign investment strategy in Missouri, his background is rooted in collaboration, preparation and results.
Oklahoma ranks as the third most affordable state in the country for monthly household bills, according to an article from CNBC, which utilized a report from bill pay service doxo.
Mint Turbines announced the launch of its T700 Test Cell, providing faster, more cost-effective turbine testing for key industries. It is one of only four test cells globally and the only one in the U.S. outside GE approved for T700 engine testing.
Oklahoma ranks as the second most affordable state for retirement, according to a report published by Visual Capitalist.
The Council for Community and Economic Research (C2ER) has released its Quarter 1 2025 Cost of Living Index. Among the 251 urban areas surveyed, the after-tax cost for a professional or managerial lifestyle ranged from more than twice the national average in New York (Manhattan) to more than 20% below the national average in Harlingen, Texas.
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.
