Fargo, North Dakota Unemployment
The BLS reported that the unemployment rate for Fargo fell 0.1 percentage points in January 2023 to 1.8%. For the same month, the metro unemployment rate was 0.3 percentage points lower than the North Dakota rate. The unemployment rate in Fargo peaked in April 2020 at 7.5% and is now 5.7 percentage points lower. You can also compare Fargo unemployment with unemployment in other cities.
Unemployment Rate | January 2023 | Month/Month | Year/Year |
---|---|---|---|
National | 3.4% | -0.1 | -0.6 |
North Dakota | 2.1% | 0.0 | -0.2 |
Fargo | 1.8% | -0.1 | -0.5 |
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 10,555. There are now 7,871 fewer people unemployed in the metropolitan area. Fargo employment and jobs data (including jobs lost/gained in Fargo, North Dakota) is also available.
Unemployed Persons | January 2023 | Month/Month | Year/Year |
---|---|---|---|
Fargo | 2,684 | -65 | -624 |
Number of Unemployed Persons
Fargo, North Dakota Unemployment History
Date | National Unemployment Rate |
North Dakota Unemployment Rate |
Fargo Unemployment Rate |
Fargo Unemployed |
---|---|---|---|---|
February 2023 |
3.6% | — | — | — |
January 2023 |
3.4% | 2.1% | 1.8% | 2,684 |
December 2022 |
3.5% | 2.1% | 1.9% | 2,749 |
November 2022 |
3.6% | 2.1% | 1.9% | 2,753 |
October 2022 |
3.7% | 2.1% | 1.9% | 2,744 |
September 2022 |
3.5% | 2.1% | 1.9% | 2,727 |
August 2022 |
3.7% | 2.0% | 1.9% | 2,761 |
July 2022 |
3.5% | 2.0% | 1.9% | 2,771 |
June 2022 |
3.6% | 2.0% | 1.9% | 2,807 |
May 2022 |
3.6% | 2.0% | 2.0% | 2,848 |
April 2022 |
3.6% | 2.0% | 2.0% | 2,902 |
March 2022 |
3.6% | 2.1% | 2.1% | 3,026 |
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. ↩