Where Does North Dakota Rank in the List of the Best and Worst States to Be Employed?
24/7 Wall St published the best and worst states to be employed in the county. Employment figures came out recently and some states are doing better than others for employment and unemployment benefits.
And with the recent drop in drilling activity, oil producing states including North Dakota have seen a cut in jobs. An active drilling rig employs about 100 people. Other states like Oklahoma have had huge cut backs on jobs in the oil industry.
At the end of the day, the attitude of the country is based on jobs and how many people are working or not working. 24/7 Wall St today (6/11) released the best and worst states to be employed. The unemployment rate has decreased every month since it peaked at 9.6% in 2010.
24/7 Wall St examined 4 categories in each state for the ranking-
- annual unemployment rate
- the amount of citizens in each sate that received unemployment benefits
- the weekly benefit amount as a percentage of the state's weekly wage
- one year job growth
At number one as the best state in the country is North Dakota-
Of all 50 states, North Dakota has the most advantages and opportunities for its unemployed residents. North Dakota was home to both the lowest Unemployment rate and the highest job growth rate in the country, at 2.8% and 3.9%, respectively. Due in part to the booming job market, a typical unemployed resident spent an average of 12.5 weeks looking for work, less time than in any other state except for Georgia and Idaho.
The other top states include Hawaii (2), Utah (3), Minnesota (4) and Iowa (5). The worst states are Arizona (47), Louisiana (48), Alabama (49), and Mississippi (50).
You can view the complete list of the best and the worst states here.