Nebraska numbers down, Iowa stable in latest unemployment rates
OMAHA, Neb. (WOWT) – Nebraska and Iowa released their August unemployment rates on Friday, with the two states in the nation’s top 20.
According to the United States Bureau of Labor Statistics, the unemployment rate in the United States fell to 5.2% in August, with Nebraska and Iowa reporting even lower unemployment rates.
With an unemployment rate of 2.2% of Nebraska’s labor force in August 2021, they top the list with the lowest rate on record. The 2.2% rate is also the lowest since Nebraska began keeping records of unemployment data in 1976.
“Nebraska’s unemployment rate continues to be the lowest in the country and has now reached a new high for our state. There has never been a better time to find a job in Nebraska. With tens of thousands of openings, Nebraskans and people across the country are blessed with the opportunity of their dreams here in the good life, ”Governor Pete Ricketts said.
Iowa isn’t that far behind, their August 2021 rate standing at 4.1% of the labor force, good enough to rank 17th lowest in the country.
“Iowa’s economy remains resilient despite continued ripples from COVID-19,” said Beth Townsend, director of Iowa Workforce Development.
Meanwhile, Nebraska’s unemployment rate of 2.2% is down from July’s 2.3% number. Each state regional summary is currently reporting lower unemployment figures compared to the previous month.
These reports are remarkably lower than the same period last year, Nebraska recorded an unemployment rate of 4% last August. Iowa’s unemployment rate last August was 5.4%, 1.3% higher than it is this year.
Coinciding with lower unemployment rates, both states report significantly lower unemployment insurance claims. Nebraska’s insurance claims in August 2021 are down nearly 25,000 from a year ago, with fewer than 6,000 claims filed in August, up from more than 30,000 last year. Iowa’s unemployment insurance claims for August 2021 exceed 7,500, but remain remarkably down from 23,393 last year.
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