
Down town Midland TX, financial center of the Permian Basin. Article Source: Midland Reporter – Telegram
For the second straight month, Midland showed the nation’s largest over-the-year percentage gain in employment, according to figures released last week by the Bureau of Labor Statistics.
Midland reported a 6.2 percent increase in employment during the month of November. The number of employed increased from 95,200 to 96,000. Odessa (a drilling town next door to Midland) was second in the nation with a growth rate of 4.7 percent.
Midland also bettered its position among the metropolitan statistical areas with the lowest unemployment rates. In October, Midland was tied for fifth with a 2.5 percent jobless rate. In November, with the rate dropping to 2.3 percent, Midland was ranked fourth. Lincoln, Nebraska, took home the top spot with a 2.1 percent rate. Makato, Minnesota, and Fargo, North Dakota, tied for second at 2.2 percent.
There were 14 MSAs with unemployment rates at or below 3 percent during the month of November, including Odessa at 2.8 percent. There were 34 MSAs at 3.5 percent or below.
The following are the lowest unemployment rates in the nation during the month of November, according to the Bureau of Labor Statistics:
- Lincoln, Nebraska, 2.1
- Mankato, Minnesota, 2.2
- Fargo, North Dakota, 2.2
- Midland 2.3
- Bismarck, North Dakota, 2.5
- Ames, Iowa, 2.5
- Logan, Utah, 2.5
- Iowa City, Iowa, 2.6
- Rochester, Minnesota, 2.6
- Grand Forks, North Dakota, 2.7
- Sioux Falls, South Dakota, 2.7
- Odessa 2.8
- Minneapolis, St. Paul, 3.0
- Omaha, Nebraska, 3.0
Lowest rates from October:
Bismarck, North Dakota, 2.0; Fargo, North Dakota, 2.2; Lincoln, Nebraska, 2.3. Also: Midland 2.5
Lowest rates from September:
Bismarck, North Dakota 2.1; Fargo, North Dakota 2.3; Midland 2.6
Lowest rates from August:
Bismarck, North Dakota 2.2, Fargo North Dakota 2.4; Midland 2.8.
Lowest rates from July:
Bismarck, North Dakota, 2.4; Sioux Falls, South Dakota, 2.7; Fargo, North Dakota, 2.8; Midland 2.9.
Lowest rates from June:
Bismarck, North Dakota, 2.6, Midland 2.9, Fargo, North Dakota, 3.0.
Lowest rates from May:
Bismarck, North Dakota, 2.2, Fargo, North Dakota, 2.5, Logan, Utah, 2.5, Midland 2.6.
Lowest rates from April:
Midland 2.3, Logan, Utah 2.5, Bismarck, North Dakota 2.6, Ames, Iowa 2.7.
Lowest rates from March:
Midland 2.7, Houma-Bayou Cane-Thibodaux, La. 3.1, Bismarck, N.D. 3.1, Odessa 3.3, Fargo, N.D. 3.3, Ames, Iowa 3.3, Burlington, Vt. 3.3
Lowest rates from February:
Houma-Bayou Cane-Thibodaux, La. 2.8; Midland 3.0; Lafayette, La. 3.1
Lowest rates from January:
Midland 2.9; Logan, Utah 3.3; Bismarck, N.D. 3.4
Lowest rates from December:
Bismarck, N.D. 2.8; Logan, Utah 2.8; Midland 2.8