North Dakota labor markets are going to be a key to deciding the future course of the economy in the state. I discuss the big picture for just a few measures and it is not great news.
I take a look at the local data and the issue of the level of benefits compared to local wages.
I offer up some other ways to look at the scale of the problem of unemployment claims in North Dakota in the hopes of helping policy discussions.
While on the Jarrod Thomas Show (1310 KNOX AM Grand Forks) I updated the claims by industry graph. Multi-tasking!
I updated the initial claims data for North Dakota since we will get a look at the new data tomorrow.