NEBRASKA RANKED FIFTH IN THE NATION FOR LOW UNEMPLOYMENT RATE

LINCOLN- On Monday, the federal Labor Bureau released data indicating that Nebraska was ranked fifth in the nation for low unemployment, with the state sitting just behind North Dakota, South Dakota, Maryland, and Vermont. Nebraska's current unemployment rate sits at 2.5%, while the national average is 3.7%.

Nebraska Labor Commissioner John Albin said the state's labor force grew by about 5,111 last year, with the state's current workforce resting at 1.05 million people. "The number of employed workers increased by 1,019 over the year," Albin said. However, despite being quite low nationally, Nebraska's 2.5% unemployment rate was up from last year's 2.1% rate in January of 2023.

Additionally, the state's number of filled nonfarm jobs was 1.038 million in January 2024, down about 23,840 over the month before. This year, the Labor Bureau's date was delayed due to an annual benchmarking revision process, which will also push back February's employment data.

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