Economic Report
The June 2011 Employment Report for counties in Oklahoma was recently released, it showed a spike in the unemployment rate for Pontotoc County. Local data is not seasonally adjusted, so there usually are spikes in June and January each year in the local rates. The state and national rates are adjusted seasonally, so their rates don't spike.
The unemployment rate for Pontotoc County increased from 4.2% in May to 4.9% in June and the labor force dropped below 20,000 to 19,869. Oklahoma experienced a 7,000 drop in the labor force while unemployment remained at 5.3%. The national unemployment rate increased to 9.2% in June and the labor force declined by more than 270,000 workers.
Fiscal Year 10-11 sales tax information has been compiled and indicates that sales tax receipts increased by 1.1% ($152,654) over the previous fiscal year. This equates to a $3.8 million increase in retail sales. Wholesale trade, food stores, and eating establishments were the three sectors with the most growth. For the first time in three years, building material sales experienced an increase.
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Congressman Cole Town Hall Meeting
Congressman Tom Cole will be hosting a Town Hall Meeting on Monday, August 15th at 5:30 p.m. at the McSwain Theatre. The meeting is open to the public and we encourage you to attend. Congressman Cole will provide an update and answer questions.
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Ada Area Job Fair - August 11, 2011
The Annual Ada Area Job Fair will be Thursday August 11, 2011 at the Pontotoc County Agriplex. Last year the job fair connected over 500 people seeking employment with a variety of employers. There are over 30 employers already registered. Employers will be accepting applications and conducting interviews. If you know anyone that is either looking for a job or interested in advancing their career, be sure to have them attend.
If your business is interested in having a booth, please contact Mari Plumlee at 580 272-0733 or Darrell Walker at 580 436-7294.
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2011 Workers Compensation Symposium
The State Chamber of Oklahoma is presenting the 2011 Workers Compensation Symposium on August 23-24, 2011 at the Reed Conference Center in Midwest City.
The Oklahoma Workers' Compensation Symposium provides attendees with a comprehensive and cutting-edge experience. Program chairs consult with workers' compensation experts in the federal sector to carefully develop a balanced mix of seminars that are fresh and focused on the pressing issues that you face every day when handling workers' compensation for employees.
For more information or to register visit www.workerscompevent.com.
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Contact Us
Ada Jobs Foundation
Post Office Box 1728
Ada, OK 74821
580 235-0070
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