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Unemployment rates on the rise

August 23, 2011

According to a report
from the Oklahoma
Employment Security
Commission, state unemployment
rates have continued
to rise throughout
the month of July.
The OESC states in
their report that in July,
Oklahoma’s seasonally
adjusted unemployment
rate worsened, rising to
5.5 percent over the course
of the month. National
unemployment over the
same period decreased by
0.1 percent to reach 9.1
percent unemployment.
Over the year, the state's
seasonally adjusted unemployment
rate has declined
by a total of 1.5 percent.
From July 2010 to July
2011, statewide unemployment
fell by 26,690 workers,
nearly 22 percent.
Six of Oklahoma’s job
sectors reported gains,
with the sectors of
Professional and Business
Services, and Educational
and Health Services showing
the most gains. The
largest monthly loss was
in the sector of
Manufacturing; showing a
loss of 1,600 jobs.
Eight sectors reported
gains over the year, the
largest addition being
reported in Manufacturing,
a boost of 9,400 jobs. The
largest loss of jobs was in
the Government sector
with a loss of 6,100 jobs.

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