North Dakota Bosts A 2.8% Unemployment Rate
North Dakota is currently the title-holder for the state with the lowest unemployment rate according to an article by the Detroit Free Press. The state has a shale gas revolution, where there are more jobs open than there are applicants.
North Dakota ‘s unemployment rate, currently at 2.8% , is for full employment. Anyone who wants a job in the state could reportedly get one. According to the report, the state is trying to attract applicants- of all skills- from states such as Michigan, where the unemployment rate is at 7.4%, to ensure that the growing needs of the shale industry in the state is met.
Workers can make six figures working in the oil fields. Other workers such as those in the fast food industry that feeds the growing population, can gain hiring bonuses. The state is being used by proponents of the fracking industry as an example of the success other states could experience if they welcomed fracking. But the boom in the industry has also brought its own set of problems to North Dakota including increase in pollution and rising cost of housing.
Read Detroit Free Press Article Hear:
http://www.freep.com/story/money/business/michigan/2014/10/12/north-dakota-energy-boom-michigan-jobs/17044837/
Terry Smeader
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