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Tulsa Regional Chamber hears mixed economic outlook

Economist: Tulsa s Up-And-Down Jobs Recovery Is Low Quality So Far

Credit RegionTrack Oklahoma wasn’t hit as hard by job losses in the COVID-driven downturn as the rest of the country, but its job recovery hasn’t been nearly as fast, either. More than half of U.S. jobs lost from February to April have been recovered. Oklahoma has regained less than half. Tulsa is doing even worse, with a little more than one-third recovered. Speaking Friday at the Tulsa Regional Chamber s State of the Economy virtual event, economist and RegionTrack President Mark Snead said job recovery has also been uneven. Oklahoma roared back at first, getting back more than 50,000 jobs in May and June, but job gains have been slower or negative since. Tulsa’s recovery has been even more up and down.

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