Newspaper article THE JOURNAL RECORD

State Manufacturing Employment Declines

Newspaper article THE JOURNAL RECORD

State Manufacturing Employment Declines

Article excerpt

OKLAHOMA CITY - Industrial employment in Oklahoma declined over the past year, according to the 2016 Oklahoma Manufacturers Register.

The industrial database and directory is published by Manufacturers' News Inc. of Evanston, Illinois.

According to MNI's database of manufacturers, Oklahoma shed 2,915 industrial jobs from September 2014 to September 2015, or 1.4 percent.

"Oklahoma is struggling with the fallout from depressed oil prices as well as a stronger dollar," said Tom Dubin, president of the publishing company, which has been surveying industry since 1912. "However, its advantages go beyond oil, with low business costs, solid infrastructure as well as generous incentive packages drawing many businesses to the state."

Employment losses were led by the state's oil and gas extraction sector, which fell 2.8 percent in the past 12 months after rising 43 percent over a five-year period from September 2009 to September 2014. …

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