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August unemployment numbers show our area in highest region

October 5, 2011

According to a report from the
Oklahoma Employment Security
Commission local unemployment rates
have remained the same during the month
of August but that doesn’t help Southeast
Oklahoma who’s weighed in as the highest
region of unemployment.
The statistics released last week for
the month of August show that LeFlore
County is ranked with the second highest
unemployment rates in the state with
Sequoyah County topping the list as the
highest.
The OESC states in their report that in
August, Oklahoma’s seasonally adjusted
unemployment rate held steady at 5.6
percent over the course of the month.
National unemployment over the same
period also held fast at 9.1 percent.
Over the year, the state's seasonally
adjusted unemployment rate has declined
by a total of 1.4 percent. From August
2010 to August 2011, statewide unemployment
fell by 24,990 workers, more
than 20 percent.
That is in part accredited to seasonally
adjusted employment in the state nearly
doubling.
Four of the 11 Oklahoma supersectors
reported gains, with the Government
showing the largest gain with more than
1,600 new employees. The largest monthly
loss was in the sector of Trade,
Transportation, and Utilities; showing a
loss of 1,000 jobs nearly half the losses
for the month.
Nine sectors reported gains over the
year, the largest addition being reported
in Manufacturing, a boost of 10,800
jobs. The only sector to report an overthe-
year loss of jobs was in the
Information and Other Services sector.
The OESC is a United States
Department of Labor funded agency dedicated
to providing quality service and
assistance to Oklahoma businesses and
job seekers.
The OESC’s mission is to enhance
Oklahoma’s economy by matching jobs
and workers to increase the efficiency of
local labor markets, providing
Unemployment Compensation to support
unemployed workers and their communities,
preparing a skilled workforce to
enhance and align their skills to meet
local labor market needs, gathering, analyzing
and disseminating information
about the labor force to improve local
economic decisions.

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