Ada Jobs Foundation

Economic Report - June 2011
Economic Indicators Point to End of Recession in Pontotoc County
  
The unemployment rate for the Ada area dropped below 4% for the first time since December 2008. The unemployment rate began to rise in late 2008 and early 2009 due to the national recession. In 2009, the unemployment rate peaked reaching a high of 6.3%, and began declining slowly during the next several months. The April 2011 unemployment rate is 3.9%, which is 2 point below the rate from January (5.9%) of this year. This indicated a significant drop in the number of unemployed workers in the area and...

Southern Workforce Investment Board Releases Economic Profile Report
  
The Southern Workforce Investment Area recently released an Economic Profile Report detailing Pontotoc County and the entire region. The report covers population growth, employment growth, commuting patterns, largest employers, and occupation growth information. The report is available on the Ada Jobs Foundation Website or by clicking here.
Tickets Now Available for
Business and Industry Night Out
 

Tickets are now available for the 3rd Annual Business and Industry Night Out Event. The event will be held on Thursday, July 14, 2011 at 6:30 p.m. at the Chickasaw Nation Community Center.

This event will feature an Economic Outlook for 2012 and recognize local businesses for their contributions to the community and economy. Outgoing AJF Board Members will also be recognized. Table sponsorships are $200 and individual tickets are $35.

The Ada Jobs Foundation is still accepting Nominations for the following awards: New Business of the Year, Entrepreneurship Award, Innovations Award, Environmental Award, Ambassador Award, Employer of the Year (Small, Medium, and Large), and Economic Development Leader of the Year. Nomination forms can be found on the Ada Jobs Foundation Website at www.AdaWorks.org or by clicking here. Any Business with an operation in the Ada area is eligible to be nominated and businesses can be nominated for more than one award.

Please consider nominating your business or another business in the community for these awards.

For tickets or more information, please contact Ann Miller at 580 235-0070 or amiller@adaworks.org.

Contact Us
Ada Jobs Foundation
Post Office Box 1728
Ada, OK 74821
580 235-0070
  
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Economic Indicators

Unemployment Rate

(April 2011)

    Ada MSA -  3.9%

  Oklahoma -  5.6%

  United States -  9.0%
  
  
Labor Force
(April 2011) 

  Ada MSA -  20,028

  Oklahoma -  1,738,930

  US - 153,421,000

 

 

Building Permits

(May 2011)

  City of Ada - $1,164,016

 

Construction in the City of Ada continues to be slow compared to 2010. The majority of projects are residential and commercial remodels. 

 

Sales Tax Collections

  City of Ada - $911,518

   Pontotoc County - $219,420

  
  
Use Tax Collections
  City of Ada - $45,587


 

Lodging Tax Collections
   Pontotoc County - $20,253