Back after a long hiatus due to health and adjustments. Time to discuss the pressing economic and demographic issues in ND again. Starting with the low hanging fruit of the unemployment rate.
There is naturally a great deal of interest in the situation of the labor market and the Fed funds rate so I thought to look at some ND labor market measures and the funds rate.
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 made my class predict the next monthly unemployment observation. The result is in.
Economic statistics are unable to keep up with the pace of change right now, so I tried to come up with a more accurate picture of the unemployment situation in North Dakota.