Omaha unemployment rate hits 20-year low; state's lowest since 1999

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The state's preliminary October unemployment rate is 3.5 percent, down slightly from September's rate of 3.7 percent and also below the October 2016 rate of 3.9 percent.

Nebraska's unemployment rate in October was 2.7 percent.

"The low unemployment rate and job gains are indicators of the ongoing strength of the economy in MA". The Omaha metro area's rate of 2.4 percent also was the lowest in almost 20 years. Private sector jobs, a subset of total nonfarm jobs, decreased by 1,700 from the previous month.

In Lincoln, unemployment clocked in at 2.1 percent in October, down from 2.3 percent in September and from 2.8 percent last October. The number of jobs hit 193,130, up almost 1,800 from a year ago.

"For the fourth consecutive month, both resident employment and unemployment declined", a news release from the department said. More than 1,000 fewer people were unemployed locally in October compared with a year ago, while year-over-year unemployment fell by more than 6,000 statewide.

The unemployment rate in Grand Island edged up a tenth of a percent to 2.4% last month.



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