LABOR ANALYSIS
UNEMPLOYMENT RATE The unemployment rate for the Oklahoma City metropolitan area in 2018 averaged 3 percent, ranging from as low as 2.6 percent to as high as 3.8 percent. Increases in the area’s population and labor force have kept pace with economic growth, keeping the region’s unemployment rate low in comparison to the nation.
TOTAL EMPLOYMENT BY INDUSTRY Information..............................................................................1.2% Other Services........................................................................2.4% Natural Resources and Mining..........................................3.6% Construction............................................................................4.9% Financial Activities................................................................5.4% Manufacturing.........................................................................5.6% Leisure and Hospitality........................................................12.1% Education and Health Services........................................13.6% Professional and Business Services................................13.8% Trade, Transportation and Utilities..................................18.5% Government.............................................................................19.0%
LABOR ANALYSIS 2017 Labor Force.......................... 683,640 Employed............................... 661,230 Unemployed......................... 22,409 Underemployed................... 166,000 Unemployment Rate......... 3.3%
U.S. DEPT. OF LABOR, BUREAU OF STATISTICS, OKLAHOMA CITY MSA; NEW YORK FEDERAL RESERVE, 2018; CHMURA JOBSEQ
SOURCE: BUREAU OF LABOR STATISTICS QCEW; 2018 EMSI; OKLAHOMA CITY MSA
AVERAGE HOURLY WAGE SCALES OF SELECTED OCCUPATIONS
Position
Entry Wage Average Wage
Material Handler ............................................................ $8.84................................$13.91 Forklift Driver.................................................................. $10.82............................... $17.71 Customer Service Rep................................................. $9.73.............................. $15.42 Computer Support Specialist................................... $13.69..............................$21.87 Machinist........................................................................... $13.40............................ $21.20 Team Assembler............................................................. $9.83.............................. $14.32 Executive Assistant....................................................... $14.09............................$22.74 Computer Programmer............................................... $20.20............................$38.18 Accountants and Auditors......................................... $19.29............................ $33.89 Registered Nurse........................................................... $21.17............................. $29.63 Total, all occupations...........................................$8.67........................ $20.84
SOURCE: OKLAHOMA EMPLOYMENT COMMISSION, OKLAHOMA WAGE NETWORK; OKC MSA, MAY 2018
OKLAHOMA HAS BEEN A RIGHT TO WORK STATE FOR NEARLY TWO DECADES
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