North Dakota Has 2.7% Jobless Rate in 2015

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By Douglas A. McIntyre Updated Published
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North Dakota Has 2.7% Jobless Rate in 2015

© Andrew Filer / Wikimedia Commons

While it is likely to go much higher this year because of the collapse of the oil industry, North Dakota boasted the lowest 2015 unemployment rate in the United States at 2.7%. The figure shows the benefit of one highly successful industry on the job rate in a state’s total.

For the entire year of 2015, the unemployment rate in the United States was 5.3%, according to the Bureau of Labor Statistics. The results from state to state varied widely, according to the federal agency:

In 2015, annual average unemployment rates decreased in 47 states and the District of Columbia, increased in 2 states, and were unchanged in 1 state, the U.S. Bureau of Labor Statistics reported today. Employment-population ratios increased in 35 states and the District of Columbia and decreased in 15 states.

No matter how high or low at state’s rate, it likely posted an improvement over 2014.
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Among the other states with particularly low jobless rates were several Plains states and two in northern New England:

North Dakota had the lowest unemployment rate, 2.7 percent in 2015, followed by Nebraska and South Dakota, 3.0 percent and 3.1 percent, respectively. Nevada and West Virginia had the highest jobless rates among the states, 6.7 percent each. The District of Columbia had a rate of 6.9 percent. Overall, 20 states had unemployment rates that were significantly lower than the U.S. figure of 5.3 percent, while 13 states and the District of Columbia had rates measurably above it.

The rate was 3.7% in Vermont and 3.4% in New Hampshire.

It tells something about how very local the jobless rate is when Utah, which shares a long border with Nevada, has an unemployment rate of 3.5%.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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