FOR IMMEDIATE RELEASE  

Date: Thursday, June 24 ,2004

  

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.

Click here to view the Oklahoma NonAg. Wage and Salary Employment Information

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).

  • 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.

  • 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.

  • 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.

 

  Click here to view the Oklahoma City NonAg. Wage and Salary Employment Information

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.

Click here to view the Tulsa NonAg. Wage and Salary Employment Information

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.

Click here to view the Lawton NonAg. Wage and Salary Employment Information

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.
Click here to view the Enid NonAg. Wage and Salary Employment Information

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.
Click here to View the May 2004 Preliminary Labor Force Statistics

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/

Last Updated 12/08/2009