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What can we say, North Dakota loves accolades! The state has recently been recognized for having one of the best job markets in 2010, being number 3 in the nation for “well being,” and for having one of the lowest underemployment rates in the country by Gallup.
Here’s a little insight into the latest Gallup rankings.
Best Job Market
North Dakota has a Job Creation Index of 29 which puts us on top for Gallup’s best job market survey. More than half of the 10 best job markets in 2010 were in energy- and commodity-producing states. Having a significant presence of natural resource-based industries has been a distinct job-creation advantage for North Dakota.
*To learn more about best job markets in 2010 go to http://www.gallup.com/poll/146402/North-Dakota-Washington-Best-Job-Markets-2010.aspx
North Dakota is among the 10 states with the highest overall well-being scores, sitting happily at number three with a score of 68.4 on the Well-Being Index scale. The state-level data is based on daily surveys conducted from January through December 2010. The Gallup-Healthways Well Being Index is calculated on a scale of zero to 100, where a score of 100 represents ideal -. The wellbeing index is based on six main elements, evaluation, emotional health, work environment, physical health, healthy behaviors and basic access.
The Gallup-Healthways Well-Being Index tracks U.S. wellbeing and provides best-in-class solutions for a healthier world. To learn more, please visit well-beingindex.com.
*To learn more about well-being go to http://www.gallup.com/poll/146288/Hawaii-No-Wellbeing-West-Virginia-Last.aspx
North Dakota has a underemployment rating of 9.0-11.9 percent and is in the top 10 states of the union not only in terms of underemployment, but also on measures of economic confidence and job creation.
Nationally, 18.9 percent of Americans were underemployed in 2010, but rates varied substantially across states. A group of six states, mostly in the middle of the country, had underemployment rates of less than 15 percent in 2010 and North Dakota was one of them with less than 12 percent underemployment. Underemployed Americans are generally those who are not working to their desired capacity. The definition of unemployment used as a component of underemployment closely follows the government’s definition; respondents are “unemployed” if they don’t have a job, and are actively looking for work and are available to begin work.
The extent of underemployment in the U.S. varies widely by state, from relatively low levels in the energy states of North Dakota and Wyoming to quite high levels in a number of states, including the nation’s largest, California.
*To learn more about underemployment go to http://www.gallup.com/poll/146486/Underemployment-Lowest-North-Dakota-Wyoming.aspx
Note: Thanks to Ambassador and North Dakota Department of Commerce Marketing Intern Stacey Loula for authoring this post.