Unemployment rates were lower than a year earlier in 70 of 77 counties and higher in five counties (including Stephens) and unchanged in two.
Last year for June, Stephens County was at 4.1 percent unemployment and Duncan’s LLM at 4.1 percent. Stephens County’s LLM posted a 4.2 percent rate up from 3.8 percent; and Duncan’s LLM posted a 4.1 percent up from last month’s 3.7 percent rate, up 0.5 percent.
The State Unemployment rate for June remained steady at 3.2 percent with 1,7773,288 employed and 58,214 unemployed and the National Unemployment held steady bumped up 0.1 percent to 3.7 percent with 157,005,000 employed and 5,975,000 unemployed.
The U.S. added 164,000 jobs in July, the Labor Department reported Friday, a positive sign amid concerns about the long term health of the economy. The unemployment rate held even at 3.7 percent, and the labor force participation rate was little changed at 63 percent. The jobs report comes one week after the Commerce Department released data showing a notable slowdown in U.S. growth and sharp declines in business activity. While the labor market has rallied through much of those obstacles, the July jobs report showed unmistakable signs of a cooling economy. May’s dismal jobs gain of 72,000 was revised down to just 62,000, while a stellar June jobs gain of 224,000 jobs was cut to a less impressive 192,000 jobs. The 41,000-job reduction dragged down the average monthly gain over the past three months to 140,000 jobs.
Statewide, the unemployment rates continue their improvement over the year for most of Oklahoma counties in Oklahoma. In June, Latimer County posted Oklahoma’s highest county unemployment rate of up to 6.2 percent from 5.2 percent. McIntosh County had the second highest rates for the month with 6.2 percent up from 5.1 percent. McCurtain County was third with 5.8 percent up from 5.0 percent. Alfalfa County claimed the lowest with 1.9 percent compared to 1.8 percent last month, Beaver County was second with unemployment rate of 2.0 percent%, followed by Cimarron County with 2.0 percent. Even the lowest counties have increase 0.1 to 0.3 percent.