We need to start thinking about the path forward based on economic sector rather than the state as a whole. I start this discussion with the Accommodation & Food Service sector.
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
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.