STATEWIDE
PRELIMINARY MAY
2004
NON-FARM
EMPLOYMENT statistics
AND
LABOR FORCE/UNEMPLOYMENT RATE |
This
report is produced by the Economic Research and Analysis division of the
Oklahoma Employment Security Commission as a free service to the Oklahoma
community. All of the information contained within is available free of
charge at the OESC website (www.oesc.state.ok.us) and through
publications developed by the Economic Research and Analysis division.
Please
be aware that unless otherwise noted, all statistics contained within are
preliminary statistics and have not been adjusted for seasonal factors.
All data is collected under strict guidelines provided by the United
States Bureau of Labor Statistics.
The
mission of the OESC Economic Research and Analysis division is to develop,
refine and manage a comprehensive system of state and local labor market
information. Any individual and/or organization needing to track the
economic health of the State of Oklahoma and its local areas may access
this information. This customer base includes, but is not limited to, job
seekers, employers, economic development entities, students, occupational
and educational planners, labor organizations and all levels of
government. Labor market information can be used for economic, education,
labor force and fiscal planning, as well as serving as a valuable tool for
marketing, research and individual career planning.
The
OESC strives to produce the highest quality of labor market information
possible which will meet the varied needs of our customers. It is our
intention that all information released is the highest quality possible,
and all publications and information produced are available at no cost.
ALL SUPERSECTORS POST JOB GAINS OVER THE MONTH
With
the over-the-month employment growth since February 2004,
TOTAL NONFARM EMPLOYMENT for the state of Oklahoma reported
positive movement for the fourth month in a row by adding 12,000
jobs from April to May. Compared to May 2003, Oklahoma’s workforce
of 1,475,100 jobs has improved by 7,700 jobs (+0.5 percent). Job
gains were widespread in all sectors across the state. Based
on seasonally adjusted figures, the NONFARM EMPLOYMENT of 1,464,300
increased by 0.4 percent in May with the annual gains of 0.8
percent.
- Natural
Resource and Mining
reported job gains for the third straight month. This
supersector has grown by 1,900 jobs since May 2003. Construction
added 1,400 jobs in May after reporting increases since February
2004. Over the year, this workforce has expanded by 0.3 percent.
- Manufacturing
was
up by 1,500 jobs over the month. Durable Goods accounted
for two-thirds of this job growth, which mainly occurred in Fabricated
Metal Product Manufacturing and Transportation Equipment
Manufacturing. Food Manufacturing rose by 400 jobs,
accounting for a majority of the employment gains in Non-durable
Goods.
- Trade,
Transportation and Utilities
gained 1,300 jobs over the month. Despite annual losses of 0.4
percent, Wholesale Trade expanded
by 600 jobs in May.
Retail Trade and Transportation,
Warehouse and Utilities increased by 400 jobs and 300 jobs,
respectively.
- Information
gained by 100 jobs in May due to Publishing. Compared to
a year ago, this sector had lost 3.0 percent of its workforce. Financial
Activities experienced an employment expansion of 700 jobs,
led by advances in Finance and Insurance (+400 jobs) and Real
Estate (+300 jobs). Compared to the previous year, a total
of 2,200 jobs have been added to this workforce.
- Following
the growing trend around the nation, Professional and Business Services added 1,400 jobs since April and
registered annual gains of 3,000 jobs. The majority of
employment gains occurred in Administrative and Support
and Waste Management.
Educational
and Health Services edged up by 800 jobs as a result of job
growth in Health Care and Social Assistance. Ambulatory
Health Care Services and Hospitals posted
over-the-month increases of 600 jobs and 300 jobs, respectively.
Over the year, Ambulatory Health Care Services rose by
2,100 jobs (+3.9 percent).
- Leisure
and Hospitality Services
rose by 2,500 jobs for the fourth consecutive month. From April
to May, Art, Entertainment and Recreation and Accommodation
added 500 jobs and 300 jobs, respectively. Food Services and
Drinking Places gained 1,700 jobs in May due to gains in Full-Service
Restaurants and Limited-Service Eating Places. Other
Services increased by 600 jobs over the month and has
improved by 1.5 percent over the year.
- Government
grew
by 1,600 jobs in May 2004. Federal
Government rose by 300 jobs, while
State Government added 100 jobs in May. Local
Government accounted for the 1,200-job gain. Since last
year, Government has declined by 200 jobs.
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OKLAHOMA
CITY |
CONSTRUCTION
AND LEISURE AND HOSPITALITY SERVICES LEADS EMPLOYMENT GAINS IN
OKLAHOMA CITY
TOTAL
NONFARM EMPLOYMENT in the Oklahoma City MSA added 3,000 jobs
(+0.6 percent) in May 2004 to reach 543,700 jobs. Employment has
increased by 6,100 jobs (+1.1 percent) since May 2003.
The Service Providing
Industries
added 1,800 jobs (+0.4 percent) over the month, as the Goods
Producing Industries added 1,200 jobs (+1.8 percent).
-
Construction
added 700 jobs (+3.1 percent) in May.
Manufacturing
also
posted a 500-job increase (+1.3 percent) in May, with Durable
Goods
adding 200 jobs (+0.8 percent), and Non-durable
Goods
gaining 300 jobs (+2.5 percent).
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Trade,
Transportation and Utilities increased by 300 jobs (+0.3
percent) in May.
Retail Trade added 100 jobs (+0.2 percent) over
the month and 800 jobs (+1.3 percent) since last May.
-
Information
and Financial Activities each added 100 jobs in May.
Employment in Professional and Business Services declined
by 200 jobs (-0.3 percent) over the month.
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Educational
and Health Services increased by 300 jobs (+0.4 percent) in
May and 4,000 jobs (+6.0 percent) since last year.
Leisure and Hospitality Services added 1,100 jobs
(+2.1 percent) over the month. Other Services reported
200 more jobs (+0.7 percent) than in April.
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Government
decreased by 100 jobs (-0.1 percent) since April.
State Government declined by 500 jobs (-1.3
percent) in May, while Local Government increased by 400
jobs (+0.9 percent).
Local Government reported 1,500 fewer jobs (-3.3
percent) than it did in May 2003.
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TULSA |
TULSA
MSA SEES IMPROVEMENT OVER THE MONTH
TOTAL
NONFARM EMPLOYMENT
in the Tulsa MSA increased to 382,900 jobs in May 2004, reflecting
an addition of 2,800 jobs (+0.7 percent) over the month. Tulsa is
still 2,400 jobs (-0.6 percent) short of its May 2003 employment
level. The only domains that downsized were Machinery
Manufacturing (-1.1 percent), General Merchandise Stores (-1.0
percent) and Leisure and Hospitality Services (-0.3 percent).
- Natural
Resources and Mining held
steady from at 3,800 jobs from April but lost 500 jobs (-11.6
percent) when compared to May 2003.
- Construction
gained
200 workers (+1.1 percent) over the month, but is still 1,700
jobs (-8.5 percent) less than the same period last year.
- Trade,
Transportation and Utilities added
600 jobs (+0.8 percent) from April 2003, but decreased by 2,400
jobs (-2.9 percent) over the year. Food and Beverage Stores
boosted employment by 500 workers (+8.6 percent) over the month.
- Information
gained
200 employees over the month, but showed a 400-job loss (-2.8
percent) from May 2003.
- Financial
Activities added
200 jobs (+0.8 percent) from last month and 1,300 jobs (+5.4
percent) over the year. Improvement in this sector occurred
mainly in the Insurance Carriers subsector (+6.7
percent).
- Professional
and Business Services expanded
significantly over the month, reporting an addition of 800 jobs (+1.7 percent). Management
of Companies created most of the jobs in May 2004 (+300
jobs).
- Educational
and Health Services gained
300 jobs (+0.6 percent) from May 2004.
- Other
Services added
500 jobs (+2.5 percent) from April 2003 and gained 900 jobs
(+4.6 percent) over the year.
- All
Government subsectors
remained unchanged
over the month.
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LAWTON |
LAWTON
REPORTS SMALL GAIN FOR MONTH
In
May 2004, TOTAL NONFARM EMPLOYMENT for the Lawton MSA
recorded a marginal gain to finish at 39,200 jobs. Despite this
positive move, Lawton is still 900 jobs (-2.2 percent) short of
the May 2003 employment level.
- Many
of Lawton’s supersectors reported no change in May. These
included Natural Resources and Mining, Construction,
Manufacturing, Transportation, Warehouse and Utilities,
Wholesale Trade, Information, Professional and Business,
Educational and Health Services, Leisure and Hospitality
Services and Government.
- Trade,
Transportation and Utilities
and Retail Trade both dropped 100 jobs over the month.
- State
Government downsized
by 200 jobs (-10.5 percent) from April 2004. Despite the loss,
employment in this supersector was 300 jobs (+21.4 percent)
higher than in May 2003.
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ENID |
ENID
EMPLOYMENT CONTINUES TO IMPROVE IN MAY
TOTAL
NONFARM EMPLOYMENT
for the Enid MSA was 22,900 jobs for May 2004. This was an
over-the-month increase of 400 jobs (+1.8 percent) but an annual
drop of 200 jobs.
- The
Service Providing Industries added 300 jobs (+1.6
percent) over the month, while the Goods Producing
Industries experienced a 100-job gain (+2.9 percent).
- For
the month, Natural Resources and Mining, Construction,
Information, Financial Activities, Professional and Business
Services, and Other Services remained constant from
April to May.
- Federal
Government increased
by 100 jobs (+33.3 percent) over the month but remained
unchanged over the year.
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OKLAHOMA
LABOR FORCE |
Employment and Unemployment Numbers Continue to Improve in May
Following
on the heels of a 5,000-person decrease in April, Oklahoma’s
Non-seasonally Adjusted Unemployment fell by about 4,000 persons (-4.7
percent) to 74,500 in May. Statewide Unemployment has fallen each month of
the year, totaling about 19,000 people so far in 2004. The current
unemployment level is the lowest it has been since October 2002. For the
past 12 months, Unemployment decreased by 27,000 (-26.6 percent) from the
101,600 persons reported in May 2003.
The
statewide Unemployment Rate dropped by two-tenths of a percent over the
month to 4.4 percent in May, 1.2 percent less than in January of this
year. Since May 2003, the rate dropped by 1.6 percentage points from 6.0
percent.
Oklahoma’s
Non-seasonally Adjusted Total Employment went up by 3,300 people (+0.2
percent) to 1,621,700 in May, its highest level since November 2002. Total
Employment has increased every month this year. From January to May, more
than 38,000 jobs have been added. Over the year, Total Employment has
increased by nearly 20,000 jobs (+1.2 percent). In May, Oklahoma’s
Non-seasonally Adjusted Labor Force, at 1,696,200 persons, was essentially
unchanged from April’s revised number. Over the year, the Labor Force
has lost 7,600 persons (-0.4 percent).
For the
third time in as many months, unemployment rates for all Oklahoma MSAs
dropped in May. The Oklahoma City MSA unemployment rate was down slightly
from 4.0 percent in April to 3.9 percent in May. Tulsa MSA dropped from
4.9 percent to 4.7 percent. Lawton MSA lost three-tenths of a percent to
3.2 percent, while the Enid MSA moved down by two-tenths of a percent to
2.4 percent in May.
Cimarron
County’s unemployment rate of 0.6 percent was the lowest among
Oklahoma’s 77 counties for the month of May. Ellis County and Roger
Mills County tied at 1.2 percent, and Alfalfa County (1.3 percent) held
sole possession of the third lowest rate for the month.
Coal
County’s unemployment rate (16.5 percent) continued to hold the top spot
for the state’s highest unemployment rate, a position it has occupied
since February 2003. Okfuskee County (12.8 percent) and Seminole County
(12.3 percent) rounded out the top three highest rates in May.
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May 2004 Preliminary Labor Force Statistics |
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For labor market information, news releases,
addresses of OESC’s local offices, please check OESC’s home page
at
http:// www.oesc.state.ok.us/
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