North Dakota continues to sustain lowest US unemployment rateFargo, ND (WDAY TV) - North Dakota's booming job market continues to receive national attention.
By: Michael Yoshida, WDAY
Fargo, ND (WDAY TV) - North Dakota's booming job market continues to receive national attention.
This week, LM Wind Power announced it would be adding over 100 new employees to their operation in Grand Forks.
But a larger question looms about the supply of workers due to the state's low unemployment rate.
The buzz of job fairs. The excitement of opportunity for employment in a state with an economy that features many businesses with a high demand for employees. This week, LM Wind Power announced that it would be hiring 170 new workers in Grand Forks.
Klaus Thiessen, Grand Forks Region Economic Development Corporation: “LM wind power is one of the largest private sector companies in the state and one of the premiere manufacturers in North Dakota and we're happy to have them here in Grand Forks. What it means for us is it provides quality employment, well-paying employment for people in our region.”
Over 100 new jobs available, part of a high demand for workers in the state with the nation's lowest unemployment rate.
Keith Reitmeier, Job Service North Dakota: “Employers across the board are struggling to find the workers they need.”
A quick search on JobsHQ or a glance through the paper, and the evidence is pretty clear: There's plenty of jobs available.
Reitmeier: “The tide is rising across the state, with employers in most every sector and that makes it creates opportunities for folks.”
According to Jobs Service North Dakota, Grand Forks County has an unemployment rate of 2.3 percent, a number far below the national average of seven. However, there remain plenty of jobs available, with over 1,800 postings of job opening in Grand Forks County for the month of November.
“Employers across the state are willing to look under any rock they can to see if they can find more.”
A high demand for workers that could force employers to change how they hire.
“One thing we're seeing more often is that it's not the unemployed person that will be your next hire because there’s hardly any of them. It will be somebody that employed that's looking for a better opportunity.”