Oklahoma unemployment rate drops further, now 10th lowest in nation

OKLAHOMA UNEMPLOYMENT RATE IMPROVES,  STATE RANKS 10TH NATIONALLY   OKLAHOMA CITY (Sept. 18, 2020)-- Governor Kevin Stitt today announced the State of Oklahoma is now ranked 10th in the nation for lowest unemployment rate.  New figures released by the Oklahoma Employment Security Commission and the U.S. Department of Labor show Oklahoma’s seasonally adjusted unemployment rate declined to 5.7% in August, a significant decrease from 12.6% in May and a further decrease from 7.1% in July.   "Oklahoma's perseverance and pioneer spirit continues to shine bright as we bounce back from the economic impact of COVID-19," said Gov. Stitt. "These numbers prove our safe reopening plan is working, and Oklahomans are getting back on their feet and finding jobs thanks to our businesses who continue to innovate and grow their operations.”  In August, statewide seasonally adjusted employment increased by 51,621 persons (3.1%), while unemployment decreased by 23,085 persons (-18.1%).  Read more » by Jamison Faught - September 22, 2020 at 08:56AM

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