Nebraska’s unemployment rate fell for the third straight month in November, to 3.7 percent, while Iowa’s dropped to 4.4 percent, its lowest rate since 2008. The states are ranked third- and fifth-lowest nationally.
“The Iowa job market appears to be on a path of steady and sustainable improvement,” said Teresa Wahlert, Iowa director of workforce development.
The number of Iowans employed in nonfarm work is near its all-time high, at 1.53 million, driven by private-sector growth in both goods-producing and service sectors.
In Nebraska, “The unemployment rate declining for three straight months combined with the year-to-year increase of 10,564 jobs shows that Nebraska’s economy continues to make positive strides,” Labor Commissioner Catherine Lang said.
Industries with the most new jobs in the month included trade, transportation and utilities; and education and health services; and other services.
Total employment for people who live in Nebraska, however, fell year-over-year by less than 1 percent.
The state rates, which are seasonally adjusted, fell as the U.S. jobless rate also fell in November to a five-year low of 7.0, from 7.3 percent in October.
Unemployment in the Omaha metro area fell in November to 3.6 percent from 3.8 percent in October, while in Lincoln, it fell to 2.9 percent from 3.1 percent. Those figures are not seasonally adjusted.