Unemployment

Oklahoma News
3:50 pm
Fri December 19, 2014

Oklahoma Unemployment Rate Dips In November

Credit Kate Hiscock / Flickr Creative Commons

State officials say Oklahoma's unemployment rate dipped to 4.4 percent last month.

The Oklahoma Employment Security Commission reported Friday that November's unemployment rate showed a slight decrease from October's rate of 4.5 percent. Meanwhile, the U.S. unemployment rate held steady at 5.8 percent.

Over the year, the state's seasonally adjusted unemployment rate was down by 1.1 percentage points.

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Business and Economy
8:44 pm
Wed October 1, 2014

Oklahoma Receives Federal Grant To Train The Unemployed

Credit Kate Hiscock / Flickr Creative Commons

The U.S. Department of Housing and Urban Development has announced a $580,000 grant to help low-income residents in Oklahoma receive job training and find employment.

The agency announced the award Tuesday to the Oklahoma Finance Agency and housing authorities in five cities.

HUD's Family Self-Sufficiency Program funded the grant that helps public housing residents connect with existing services in their communities to improve their education or help find employment.

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Oklahoma News
7:59 pm
Tue August 5, 2014

Oklahoma Unemployment Insurance Rates To Decrease In 2015

Richard McPherson - Executive Director, the Oklahoma Employment Security Commission
Credit Oklahoma Employment Security Commission

Oklahoma businesses will pay less for unemployment insurance beginning January 1, members of the Oklahoma Employment Security Commission learned Tuesday.

“I estimate an additional $120 to $130 million in reduction in (unemployment insurance) tax contributions from employers in 2015,” OESC Chief Financial Officer Levi Onwuchuruba told the commissioners.

The unemployment insurance tax rate is determined by a formula set in state statutes that considers the unemployment insurance trust fund balance and the amount paid out annually in regular state unemployment benefits.

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Business and Economy
8:27 pm
Wed July 30, 2014

Unemployment Rate Ticks Up In 72 Oklahoma Counties

Credit Kate Hiscock / Flickr Creative Commons

State labor officials say unemployment rates increased last month in 72 of Oklahoma's 77 counties.

The Oklahoma Employment Security Commission on Wednesday released county and metropolitan area unemployment information.

The report shows that Latimer County in southeast Oklahoma had the highest county unemployment rate last month at 8.5 percent. McCurtain County had the second highest rate of 7.8 percent, while McIntosh County was third at 7.5 percent.

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The Two-Way
9:13 am
Thu April 3, 2014

Jobless Claims Rose Last Week

The scene at a job fair last fall in Van Nuys, Calif.
Frederic J. Brown AFP/Getty Images

Originally published on Thu April 3, 2014 12:18 pm

There were 326,000 first-time claims filed for unemployment insurance last week, up by 16,000 from the week before, the Employment and Training Administration reported Thursday morning.

Although the number increased, claims remained at the lower end of the range they've been in for the past year and were running at a pace close to where they were before the economy sank into its latest recession in December 2007.

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The Two-Way
7:56 am
Wed April 2, 2014

Job Growth Picked Up Some Speed In March, Survey Signals

Kiara Crawford, Brittney Winkler and Jessyca Freeman (left to right) were among those applying for work last month at a job fair in Washington, D.C. Early data from that month signal that job growth may have gained some speed.
Chip Somodevilla Getty Images

The first slice of data about job growth in March offers some hope that the U.S. labor market gained some strength:

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The Two-Way
7:08 am
Fri March 7, 2014

Jobless Rate Ticks Up, But Job Growth Is Better Than Expected

The scene at a job fair for veterans earlier this year in Washington, D.C.
Mark Wilson Getty Images

Originally published on Fri March 7, 2014 10:14 am

This post has been updated.

The nation's unemployment rate edged up to 6.7 percent in February from 6.6 percent the month before, but employers added more jobs than expected, the Bureau of Labor Statistics said Friday.

According to BLS, the number of jobs on public and private payrolls grew by 175,000 last month — about 25,000 more than economists had expected.

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The Two-Way
9:45 am
Thu February 6, 2014

Weekly Jobless Claims Dip; Will Unemployment Rate Do The Same?

The scene at a Hiring Our Heroes job fair for veterans last month in Washington, D.C.
Mark Wilson Getty Images

Originally published on Thu February 6, 2014 9:48 am

There were 331,000 first-time claims filed for unemployment insurance last week, down 20,000 from the week before, the Employment and Training Administration reports.

That's yet another report showing that claims remain in a range where they've been running since late 2011. What does that indicate? As we've said before:

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Business and Economy
1:28 pm
Wed February 5, 2014

Unemployment Rises In 64 Of 77 Oklahoma Counties

Credit Kate Hiscock / Flickr Creative Commons

The Oklahoma Employment Security Commission reports that the jobless rate rose in 64 of the state's 77 counties from November to December.

The commission said Wednesday that the highest rates are in southeastern Oklahoma where Latimer County has a 9.2 percent jobless figure, McCurtain County an 8.2 percent rate and Hughes County is at 8.1 percent.

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Congress
9:38 am
Tue January 7, 2014

VIDEO: Coburn On Emergency Unemployment Insurance

Senate Democrats are scratching for votes to pass a White House-backed bill that would renew unemployment benefits that lapsed last month for the long-term jobless.

Speaking on Fox & Friends Tuesday morning, U.S. Sen. Tom Coburn (R-Okla.) says states that have cut the benefits back have lowered their unemployment rate and increased job formation.

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