Overall unemployment rate moved down to 2.7% with the biggest shift in Business Services, which gained 1,500 roles, based on the most recently available information published in April 2022.
Total employment in the Omaha-Council Bluffs, NE-IA market rose by 2,691 jobs in February and the unemployment rate decreased compared to the prior month by 20 bps to 2.7%. The national unemployment rate decreased by 28 bps over the same time to 4.1%.
- Omaha-Council Bluffs, NE-IA unemployment rate is 144 bps below the national rate which is a positive sign.
- Unemployment in the market is 100 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in February versus prior month by 4.9% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.8% . Key sectors include:
- Transportation & Utilities: 93,600; -500
- Education & Healthcare: 80,600; +600
- Business Services: 70,600; +1,500
- Government: 66,400; +800
- Restaurants & Hotels: 46,900; +500
- Financial Services: 41,600; -200
- Manufacturing: 34,400; +100
- Construction, Mining: 29,600; +600
- Other Jobs: 18,600; +300
- IT & Development: 11,000; +100
Data is based on the most recent 12 months available, through February 2022 (Data published April 2022 and reports created on April 6, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.