Average annual employment growth before and after 2001 RTW adoption in Oklahoma, 1991–2013
Year | 3-year annualized growth rate | 10-year annualized growth rate prior to RTW | 10-year annualized growth rate following RTW |
---|---|---|---|
1991 | 0.830% | 2.180% | |
1992 | 0.209% | 2.180% | |
1993 | 0.245% | 2.180% | |
1994 | 1.750% | 2.180% | |
1995 | 2.504% | 2.180% | |
1996 | 2.500% | 2.180% | |
1997 | 2.037% | 2.180% | |
1998 | 1.639% | 2.180% | |
1999 | 1.654% | 2.180% | |
2000 | 1.415% | 2.180% | |
2001 | 0.367% | 2.180% | 0.376% |
2002 | -0.716% | 0.376% | |
2003 | -1.364% | 0.376% | |
2004 | -0.814% | 0.376% | |
2005 | -0.112% | 0.376% | |
2006 | 0.232% | 0.376% | |
2007 | 0.115% | 0.376% | |
2008 | -0.400% | 0.376% | |
2009 | -2.277% | 0.376% | |
2010 | -2.462% | 0.376% | |
2011 | -1.621% | 0.376% | |
2012 | 0.820% | 0.376% | |
2013 | 1.481% | 0.376% |
Note: Employment data reflect total nonfarm employment. Shaded regions denote recessions.
Source: EPI analysis of BLS Current Employment Statistics, obtained from the St. Louis Federal Reserve Economic Data (FRED)