North Dakota's Unemployment Rate Nears All-Time Record

Link to InsideClimate News/Dickinson Press:

North Dakota’s not seasonally adjusted unemployment rate dropped to 2.7 percent in May, but even that isn’t a record low for the state.

The lowest May rate in at least 25 years occurred in 2001 when it was 2.3 percent, said Michael Ziesch, manager of Job Service North Dakota’s Labor Market Information Center.

I assume the slight rise in unemployment (0.4 percent) in May, 2012, compared to May, 2001, has to do with the loss of some unspecified green energy jobs. 

Seriously: if the delta is accurate (and with 0.4 percent (4/1000) I am not sure that is reproducible or statistically significant), it most likely is due to fact more folks showing up in North Dakota looking for a job are using the state's employment services.