The Regional Economy
DataNinth District Forecast
Data as of December 21, 2012
Unemployment Rate
Unemployment rates are expected to decrease. During 2012, unemployment rates decreased in all areas, but remained above historical averages, except in North Dakota and the U.P., where rates were below their historical averages. In 2013, rates will drop in all areas to historical averages or below, except in South Dakota, where the rate will remain slightly above its historical average. The unemployment rate in North Dakota will drop to 2.8 percent.
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