How has employment changed over the last 18 months in North Dakota and certain counties? The answer shows the possibility of nascent recovery, but it is fragile.
I develop a rough estimate for oil industry revenue in North Dakota to show both the volatility, the progress, and the setbacks.
North Dakota is thinking about recovery and that is great. Here is where some parts of the economy are right now to help understand how far we need to recover.
Economic resilience gets mentioned often these days and I highlight a few points about this in the context of the current crisis.
We are not out of the woods yet in North Dakota when it comes to labor market adjustments. Businesses and entire industries are still making changes to circumstances and situations so it should not be a surprise that it is happening with labor as well. This is a complicated dynamic with feedback between businesses and their customers that will present some problems.Continue reading ND labor markets still in flux