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North Dakota Laughs at Your Puny Recession

Rectangular wonder has more jobs than it can fill

By Kevin Spak,  Newser Staff

Posted Dec 6, 2008 12:18 PM CST

(Newser) – There may be a recession going on, but you wouldn’t know it by visiting North Dakota, the New York Times reports. The state budget boasts a hefty $1.2 billion surplus, auto sales are up 27%, and unemployment is just 3.4%. In fact, the sparsely populated state has 13,000 jobs it’s struggling to fill. Credit the boom in part to a surge in oil production, a good year for farmers, and a culture that frowns on excess.

“Our problem is that everybody thinks that it’s a cold, miserable place to live,” said the state’s Senate majority leader. Even now the state’s prosperity is inconspicuous. Residents, in classic Midwestern style, are preparing for the worst, which could come soon. One Moody’s economist calls North Dakota an “outlier,” sure to be hurt by declining national demand. “It’s not going to hold,” he concludes.

Delta Air Lines President Ed Bastian holds up a North Dakota license plate given to him as a gift by Gov. John Hoeven, Dec. 4, 2008. Delta will be expanding service in the state,
Delta Air Lines President Ed Bastian holds up a North Dakota license plate given to him as a gift by Gov. John Hoeven, Dec. 4, 2008. Delta will be expanding service in the state,   (AP Photo/James MacPherson)
The radar building at the Cavalier Air Force Station in northeast  North Dakota is the second-tallest building in the state, next to the Capitol as seen during a rare open house, Sept. 8, 2007.
The radar building at the Cavalier Air Force Station in northeast North Dakota is the second-tallest building in the state, next to the Capitol as seen during a rare open house, Sept. 8, 2007.   (AP Photo/Dave Kolpack)
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We see the national news every day. We know things are tough. But around here, our people have gone to their jobs every day knowing that they’re going to get a paycheck. - Justin Theel, owner of a car dealership in Bismark

Our banks don’t do those goofy loans. - Justin Theel, owner of a Bismark car dealership.

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COMMENTS
Showing 3 of 4 comments
Shannonals
Dec 9, 2008 10:18 PM CST
What an idiot comment. A Republican has been in office for the past 8 years. By your reasoning the country should be doing outstanding right now....which it isn't
Guest
Dec 6, 2008 11:52 PM CST
Say BS all you want, it easy enough to see for yourself.
Guest
Dec 6, 2008 10:44 PM CST
B.S.

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