Department of Numbers

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
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with November 2023 data as December metro level unemployment data has not yet been released.

Unemployment Rate: Fargo, North Dakota, National

Fargo, North Dakota monthly unemployment rate chart

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. ↩

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