Boom: Unemployed Flock to North Dakota (Video)

'Unemployment at 3% and help wanted signs everywhere.' Reason #486 why we should be drilling everywhere for our own oil.
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Bismarck is booming. In this North Dakota city, an economic portrait has emerged that is unlike any other in America. When landing in the state, the signs of growth can be seen everywhere.

Lines at the airport are longer than ever -- a record number of passengers entered the state last year, and a new hangar is getting built to accommodate the droves that are still coming. The airport is trying to get the hangar finished before winter hits, which could be any day.

Jobs are also in season. Help wanted signs are visible everywhere. Insurance sales, restaurants, retail -- they are all hiring.

There are 16,000 jobs up for grabs in North Dakota right now, with 3,000 in Bismarck, where unemployment is at a stunningly low 3 percent.

Behind the growth is the oil boom to the west of the state fueling the economy -- which looks to jump ahead of California and Alaska in oil production to become the No. 2 in the country

Economists say it's not just the oil. They say Bismarck has a broad portfolio. Prices for agriculture, wheat and corn are up across the board. Farmers are doing well here.