Oklahoma Ranks Eighth in Lowest Unemployment Rate
Unemployment declines to 3.2% in August, largest number ever participate in state workforce
OKLAHOMA CITY – The Oklahoma Employment Security Commission (OESC) reports the seasonally adjusted unemployment rate declined to 3.2% for August, which is the eighth lowest unemployment rate in the nation.
In July, the agency reported a 3.5% unemployment rate, also ranking eighth lowest.
“We are thrilled to see that Oklahoma’s unemployment rate for August is 3.2% and the eighth lowest in the nation,” said Shelley Zumwalt, OESC Executive Director. “This is the lowest unemployment rate our state has had since March 2020. The continued decline on this data point shows Oklahoma is seeing strong returns on the administration’s decisive actions to prioritize the state’s economic security.”
Preliminary employment numbers for August also show that the state added more than 3,300 jobs, putting the total number of employed Oklahomans at more than 1.8 million - higher than the amount from February 2020.
“This is great news for business owners and the workforce,” said Zumwalt. “The workforce is continuing to grow, and the 1.8 million in the workforce is not only better than pre-pandemic numbers, it’s also the highest number of state citizens participating in the workforce the state has ever seen.”