Why Does North Dakota Have the Lowest Unemployment Rate?

I have asked myself this multiple times before we moved here! We recently moved from Colorado where it was almost virtually impossible to find a job. If you were lucky enough to land one you would need to hope that you would not be laid off in the near future. Some companies will just cut down the amount of hours, which means employees were earning less than minimum wage.

There is a huge oil boom going on in North Dakota right now, which has created thousands of new jobs. No one exactly knows when the oil boom will bust, but the future years-they are looking good. Fast food restaurants are offering a couple of dollars more than minimum wage, because they cannot seem to fill any positions.

My Family and I moved here six months ago and the neighbors have been trying to get their house set up. There are not enough people in certain positions that will be able to come out and complete required tasks before the phase can be done. It will probably take a year for this Family to move into their house.

In Colorado when I would get a toothache I would be able to get into the dentist right away. In North Dakota I would have to wait at least a week unless there was a cancellation. Every field out here is hurting. I remember reading the paper and even Dairy Queen had a $300 sign-on bonus.

North Dakota is not the prettiest place in the country but it is well known for its ample hunting and fishing. It is a life style change, but for all of the families it is worth it to have the peace of mind from job security plus small town living.

The oil field offers many high paying jobs especially to those whom are qualified. There are numerous positions to be filled not just those you would see on the Discovery channel's 'Black Gold.' The majority of people moving to North Dakota are coming for the lucrative oil industry. With all of these new people coming more position have open up for the regular jobs around town.

To keep a balance North Dakota needs to fill jobs evenly without wages going up to much. Once wages start to go up, then products will start to sky rocket so everything balances.