Employment Snapshot - Omaha-Council Bluffs, NE-IA May-2021

Weller Emmons

VP of Analytics and Finance at Mployer Advisor. He is passionate about leveraging data to provide industry leading insights for Mployer Advisor’s clients. Prior to joining Mployer Advisor, Emmons served as a healthcare provider strategy consultant for Knowledge Capital Group and as an internal strategy consultant at HCA Healthcare. Emmons earned his MBA and BE in Biomedical Engineering, both from Vanderbilt University.

Market Employment Summary

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Additional Benchmarking Resources

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Overall unemployment rate stayed flat at 2.7% with the biggest shift in Restaurants & Hotels, which gained 800 roles, based on the most recently available information published in June 2021.

Total employment in the Omaha-Council Bluffs, NE-IA market rose by 6,101 jobs in May and the unemployment rate stayed flat. The national unemployment rate decreased by 25 bps over the same time to 5.5%.

Omaha-Council Bluffs, NE-IA unemployment rate is 280 bps below the national rate which is a positive sign.
Unemployment in the market is 370 bps below the unemployment rate in the market last year at this time, which is a positive.
Average wages (per hour) grew in May versus prior month by 2.7% and are down compared to last year at this time in the market.

Month over Month Unemployment Change

Year over Year Unemployment Change

Omaha-Council Bluffs, NE-IA Unemployment May 2021

For key employment segments of the market, total jobs grew by 0.7% . Key sectors include:

Transportation & Utilities: 92,800; +600
Education & Healthcare: 80,200; +600
Business Services: 72,700; +400
Government: 66,300; +400
Restaurants & Hotels: 47,000; +800
Financial Services: 44,000; -200
Manufacturing: 33,100; +100
Construction, Mining: 31,200; +600
Other Jobs: 17,900; -100
IT & Development: 9,700; +200

Employment Change by Key Sector

Omaha-Council Bluffs, NE-IA Unemployment by Industry May 2021

Data is based on the most recent 12 months available, through May 2021 (Data published June 2021 and reports created on June 30, 2021). Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.

Omaha-Council Bluffs, NE-IA