Newspaper article THE JOURNAL RECORD

City's Preliminary Jobless Rate Fell to 5 Percent

Newspaper article THE JOURNAL RECORD

City's Preliminary Jobless Rate Fell to 5 Percent

Article excerpt

Oklahoma City's preliminary May unemployment rate fell to 5 percent from 5.8 percent in May 1988.

The preliminary figure for April, released by the Oklahoma Employment Security Commission, was 4.5 percent, which was later revised to 5 percent. If the rate had truly been 4.5 percent, it would have been the lowest since November 1988.

The commission said unemployment rates were lower in May 1989 than May 1988 for 62 counties, along with the Oklahoma City and Tulsa metro areas.

Tulsa's preliminary jobless rate for May plunged to 6.3 percent from 8 percent a year earlier, but rose from 5.9 percent in April.

Compared with April, the May unemployment rates reflected mainly seasonal fluctuations, the commission said. May unemployment rates were up from April in 42 counties, down in 29 and unchanged in six.

Here are May unemployment rates for Oklahoma City metropolitan area counties:

- Canadian - 4.5 percent, down from 5.9 percent a year earlier but up from 3.7 percent in April.

- Cleveland - 4.7 percent, down from 5.1 percent in May 1988 but up from 3.9 percent in April.

- Logan - 4.7 percent in May, down from 5.8 percent the previous year but up from 3.6 percent in April.

- McClain - 4.9 percent, down from 6.3 percent in May 1988 but up from 4.5 percent in April.

- Pottawatomie - 5.9 percent, down from 6.8 percent one year earlier but up from 5.3 percent in April.

Only four counties had double-digit jobless rates in May, compared with 10 during May 1988: Coal County, with 12.4 percent; Haskell, 12.6; Hughes, 13.2; and Pittsburg, 10.5.

Woods County had the lowest unemployment rate at 2.7 percent. Other counties with jobless rates below 4 percent were: Alfalfa, 3 percent; Harper, 3.3; and Noble, 3. …

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