Home to a large part of the Bakken oil field, the state is still riding the wave of the biggest oil boom in a generation. But 2016 could bring some reckoning
Oil prices may be reaching the bottom of the barrel – but for the state that was at the epicenter of the shale-oil boom in the past few years, North Dakota has ridden out this year’s bust. So far.
Mining layoffs hit the self-styled “legendary” state, with about 10,000 total jobs lost over the past 12 months ending in October, but the total unemployment rate in North Dakota is 2.8%, far below the 5% average nationwide.
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