has shed 12,200 energy sector jobs over the last 12 months ending in December as the industry continues to be affected by low crude oil prices, according to data released by the Oklahoma Employment Security Commission
The state saw energy sector jobs decline by 19.3 percent since December 2014.
actually gained energy jobs with the addition of 500 positions over the month.
unemployment rate fell one-tenth of a percentage point to 4.1 percent in December, but the state continues to lose jobs, according to data released Tuesday by the U.S. Department of Labor
The state shed 5,100 jobs in December, the second-largest decrease in employment over the month out of all 50 states.
posted the largest decline in employment over the month with a loss of 16,300 jobs.
unemployment rate in December was two-tenths of a percentage point higher than the same month one year ago.
The national jobless rate was unchanged from November at 5 percent.
Construction had the largest gains in December, adding 1,300 jobs. Health services reported the largest job loss over-the-month, shedding 1,800 jobs.
(c)2016 The Oklahoman
Visit The Oklahoman at www.newsok.com
Distributed by Tribune Content Agency, LLC.
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer
Source: Equities.com News
(January 26, 2016 - 12:21 PM EST)
News by QuoteMedia