Sunday, October 23, 2011

North Dakota - Six Figures and Homeless

Williston, North Dakota is attracting so many new workers that they can't make housing units fast enough to provide shelters to their new residents. New fracking technologies have opened up large oil reserves in North Dakota, creating an oil boom and a lot of new jobs. Unemployment rates in some parts of North Dakota are less than 1%. Because of the strong demand for workers, companies are forced to pay salaries that are higher than other parts of the United States. This is great for the employees, but since there aren't enough houses some people are forced to sleep in their cars or on the grass along highways.

Read the full story here.

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