Neb Jobless Rate Drops to 1.9%, Lowest In Nation Since Stats Began In 1976

      A month after registering the lowest unemployment rate in the country since data keeping began in 1978 at an even 2%, Nebraska did even better in October with a record 1.9%. 

      That’s 1.7-points better than a year ago and well under half the national seasonally adjusted rate of 4.6%, which is 2-10ths of a point better than September and a 2.3-point improvement from a year ago.

        State Labor Commissioner John Albin says Nebraska also had its largest-ever month-to-month October increase in nonfarm employment by adding 10,718 people working. 

      The year-to-year increase was also strong at 30,566 as total nonfarm employment rose to 1,031,001. 

       The October unemployment rates were unchanged for Lincoln and Omaha at 1.3% and 1.7% respectively, an improvement of 1.9-points from last year for both.

     Grand Island’s jobless rate actually rose a tenth of a point last month to 1.5%, which is still 2.4-points better than last year. The Scottsbluff Micropolitan Statistical Area stayed at 1.5% – 1.6-points lower than a year ago.

       The state and national rates are adjusted for seasonal factors while the local rates are not, making comparison between the two meaningless.

      The private industry sectors with the most employment growth from September were Education and Health with 3,135 and Trade, Transportation, and Utilities 1,355.

       The biggest growth over the past 12 months came in Leisure and Hospitality with 6,137 new jobs, Professional and Business Services at 5,297 and Education and Health at 4,970.

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