Ten N.D. Counties Have Jobless Rates Below 2%
|North Dakota County||October Jobless Rate|
According to the North Dakota state government, there were ten counties in the state (out of 51) that had unemployment rates below 2% in the month of October (see chart above). Williams County leads the country with the lowest jobless rate for any county at 0.9%. Almost all of these counties are in the western part of the state that sits on top of the vast oil resources of the Bakken formation. The drilling boom for shale oil in North Dakota has led to a jobs boom and the lowest state unemployment rate in the country (2.6% in October, not seasonally adjusted), with some North Dakota counties falling below 2% this year.
Drill, drill, drill = jobs, jobs, jobs.