7
6
5
4
3
2
1
0
-1
Oklahoma Employment Growth US Employment Growth
Figure 6. Nonfarm Wage and Salary Quarterly Employment Growth (Annualized) (History through 2025Q2)
Summary Tables
The statistics in Tables 1 and 2 reflect the forecast of an economic slowdown for both the state and the nation. Real GDP and nominal income growth, including wages and salaries, are expected to slow both in the state and the nation in the near term. The unemployment rates are forecast to rise through 2025 and into 2026. Consistent with the current trend, Oklahoma’s unemployment rate forecast of 3.7 percent in the second quarter of 2026 is below the forecast unemployment rate of 4.5 percent for the nation. The slowing of the national economy and the rise in the unemployment rate are forecast to help bring the inflation rate down from the tariff- induced increase expected in 2025.
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