Fargo, North Dakota Unemployment
The BLS reported that the unemployment rate for Fargo fell 0.0 percentage points in November 2023 to 1.9%. For the same month, the metro unemployment rate was 0.0 percentage points lower than the North Dakota rate. The unemployment rate in Fargo peaked in April 2020 at 7.8% and is now 5.9 percentage points lower. From a post peak low of 1.8% in January 2022, the unemployment rate has now grown by 0.1 percentage points. You can also compare Fargo unemployment with unemployment in other cities.
Unemployment Rate | November 2023 | Month/Month | Year/Year |
---|---|---|---|
National | 3.7% | -0.1 | +0.1 |
North Dakota | 1.9% | 0.0 | -0.2 |
Fargo | 1.9% | 0.0 | 0.0 |
Unemployment Rate: Fargo, North Dakota, National
Note: Recessions shown in gray.
Fargo, North Dakota Unemployed
The number of people unemployed in Fargo peaked in April 2020 at 10,790. There are now 8,001 fewer people unemployed in the metropolitan area. From a recent trough of 2,664 in February 2022, the number of unemployed has now grown by 125. Fargo employment and jobs data (including jobs lost/gained in Fargo, North Dakota) is also available.
Unemployed Persons | November 2023 | Month/Month | Year/Year |
---|---|---|---|
Fargo | 2,789 | -85 | -19 |
Number of Unemployed Persons
Fargo, North Dakota Unemployment History
Date | National Unemployment Rate |
North Dakota Unemployment Rate |
Fargo Unemployment Rate |
Fargo Unemployed |
---|---|---|---|---|
December 2023 |
3.7% | — | — | — |
November 2023 |
3.7% | 1.9% | 1.9% | 2,789 |
October 2023 |
3.8% | 1.9% | 1.9% | 2,874 |
September 2023 |
3.8% | 1.9% | 1.9% | 2,845 |
August 2023 |
3.8% | 1.9% | 1.9% | 2,873 |
July 2023 |
3.5% | 2.0% | 2.0% | 2,909 |
June 2023 |
3.6% | 2.0% | 1.9% | 2,874 |
May 2023 |
3.7% | 2.1% | 1.9% | 2,826 |
April 2023 |
3.4% | 2.1% | 1.8% | 2,731 |
March 2023 |
3.5% | 2.1% | 1.8% | 2,695 |
February 2023 |
3.6% | 2.1% | 1.8% | 2,737 |
January 2023 |
3.4% | 2.1% | 1.9% | 2,745 |
1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers. ↩