Nebraska unemployment rate falls to 2%, lowest in state’s history

LINCOLN, Neb. (WOWT) – Each Nebraska’s and Iowa’s unemployment charges proceed to steadily decline.

The Nebraska Division of Labor and the Iowa Workforce Growth launched unemployment numbers for March 2022.

In keeping with the Nebraska Division of Labor, the state’s unemployment price dropped to 2% in March, down from 2.1% in February. The March price is tied with Utah for the bottom unemployment within the nation, and is the bottom within the state’s historical past.

Nebraska Commissioner of Labor John Albin says the employment charges each statewide and within the Lincoln metro are new information.

“The variety of folks employed statewide has reached one other file excessive,” mentioned Albin. “Each the statewide labor power employment of 1,037,823 and the Lincoln metro’s employment of 186,996 are file highs.”

Non-public industries in Nebraska which noticed essentially the most development have been mining and development, leisure and hospitality, and commerce, transportation, and utilities.

Iowa’s unemployment price continues to say no as properly. In keeping with the Iowa Workforce Growth, the March unemployment price fell to three.3%, down from 3.5% in February.

The entire variety of employed employees in Iowa’s workforce reached 1,637,100, in March, up from 1,626,800 in February.

Whereas the variety of employees within the leisure and hospitality trade elevated in Nebraska, it dropped in Iowa. The state misplaced 2,800 leisure and hospitality jobs in March. Nevertheless, retail – in addition to commerce, transportation, and utilities jobs, elevated.

The nationwide unemployment price for March 2022 is 3.6%.

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