Thursday, September 1, 2011

North Dakota's Economic “Miracle”—It's Not Oil

North Dakota's Economic “Miracle”—It's Not Oil


North Dakota has had the nation's lowest unemployment ever since the economy tanked. What's its secret?

by Ellen Brown

posted Aug 31, 2011





Photo by Reto Fetz

In an article in The New York Times on August 19th titled “The North Dakota Miracle,” Catherine Rampell writes:



Forget the Texas Miracle. Let’s instead take a look at North Dakota, which has the lowest unemployment rate and the fastest job growth rate in the country.



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