North Dakota's oil production has now surpassed OPEC-member Ecuador's daily production of 485,000 barrels. As a result of the ongoing oil boom in the Bakken area, North Dakota continues to lead the nation with the lowest state unemployment rate at 3.4% for November, more than 5 full percentage points below the nation's average 8.7% rate for November. There are nine North Dakota counties with jobless rates at or below 2% for November, and Williams County, which is at the center of the Bakken oil boom, boasts the lowest county jobless rate in the country at 0.9%.
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Note: The US consumes about 19,000,000 barrels a day.
