Nebraska In Better Economic Shape Than Most States Despite Pandemic

LINCOLN, Neb. (AP) – Nebraska’s economy has been devastated by the coronavirus outbreak and unemployment has surged, but the state has still fared better than most of the rest of the nation.

The state’s unemployment rate for April registered 8.3%, well below the national rate of 14.7% and the third-lowest in the country.

That’s because the state doesn’t have as many jobs tied to the hard-hit tourism and oil industries as many other states and the industries it does depend on, such as food processing and insurance, haven’t been affected as much by the virus and related government restrictions.

Print Friendly, PDF & Email

Related posts