Executive Summary Demographic Overview
This page reports on the state of workforce demographics and its effect on organizations ability to recruit and retain a skilled workforce.
AREAS OF STRENGTH
Population Growth Oklahoma's population growth remains strong, increasing by nearly 125,000 people (3.1%) since 2020, largely driven by domestic in-migration (Farha & Wilkerson, 2024). Recent Consumer Credit Panel data shows that from Q3 2022 to Q3 2024, Oklahoma saw a net gain of residents from 29 states. Since the start of COVID, only nine states have experienced higher levels of domestic migration (Carter, 2024).
Oklahoma Population Growth
Labor Force Participation Rate
Oklahoma’s Labor Participation Rate The Kansas City Federal Reserve reports that Oklahoma's labor force participation rate has grown faster than the national average, surpassing it in April 2023 for the first time in over 30 years. By August 2024, Oklahoma's rate reached 63.1%, compared to the U.S. rate of 62.7%. (Farha, 2024)
Oklahoma Public University Enrollment
Talent Pipe Enrollment at Oklahoma’s public universities is rebounding, with freshman numbers rising across many institutions. Oklahoma State University and the University of Oklahoma reached record enrollment levels in 2023-24 and anticipate further growth. (Oklahoma Voice, 2024)
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