The Oklahoma unemployment rate stayed steady for the third month in a row in the report released last week. The Oklahoma Employment Security Commission (OESC) reported that the rate was again at 3.2 percent as it was in June. The current rate is also the same as it was in July 2018 at 3.2 percent. and under the national rate of 3.7 percent.
The figures released late last week show 209 more people on unemployment than in June but a larger labor force by 6,519 people and 6,310 more people working in July that were employed in June. There were 58,486 people reported as unemployed in July compared to 58,277 in June. The news is even better when comparing the state figures to be were the state was at a year ago when there were 59,114 people reported as unemployed. That is an improvement of 628 people.
The current labor force is smaller than it was a year ago at 1,838,159 when the state was at 1,840,762 in 2018. The labor force has grown since June with 1,838,159 people when it was at 1,831,640.
Nationally, the Labor Department is reporting that the labor force is at 163.4 million people and the employment force is at 157.3 million which left six million unemployed and the 3.7 national rate.
The non-farm jobs in Oklahoma added 4,100 jobs in July while nationally that figure grew by 164,000 jobs. Compared to a year ago the state has gained almost 14,500 non-farm jobs in a 12-month period.
In a breakdown by category, education and health services added 1,000 jobs while government jobs also increased by 900 jobs. Construction jobs continue to grow with 6,100 new jobs in the last year.
The manufacturing section shows a 12-month loss of over 1,700 jobs since July 2018. The information sector also shows a decline of 1,400 jobs in the last year.
The unemployment numbers by county will be broken out by OESC by the end of the month.