From The Williston Herald: Bakken jobs bubble bigger than reported. State losing million in state tax revenues with unfilled positions.
I have returned to Texas after a week in the Bakken. I can verify that headline is correct. It's all good.
The jobs bubble in North Dakota has grown much larger than has been reported, but no one is certain how much bigger it’s getting to be. Nor has the state done any particular studies on how much revenue it’s losing from the thousands and thousands of positions that are going unfilled, and the activity that isn’t occurring as a result.
North Dakota Job Services has estimated that the state’s current jobs bubble is 14,000 statewide — a brand new Jamestown, if all of the positions were filled.
Not stated in this article, but off the radar scope: truck manufacturing.
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