Nebraska’s May 2024 unemployment rate steady at 2.5 percent

Nebraska’s May 2024 unemployment rate steady at 2.5 percent
(MGN Online Graphic)
June 25th, 2024 | RRN

Lincoln, Neb. — Nebraska’s preliminary unemployment rate for May 2024 is 2.5 percent, seasonally adjusted. The rate is unchanged since September 2023 and is up 0.4 percentage points from the May 2023 rate of 2.1 percent.

Nebraska’s rate remains fourth lowest in the nation.

Labor Commissioner John Albin (AL bin) says, Nebraska’s total nonfarm employment has been on an upward trajectory since February and reached an all-time high in May at just under 1.1 million (1,077,200). Albin says, Omaha’s leisure and hospitality industry saw a large gain over the month, with all the metro areas reaching record highs in total nonfarm employment.

The national seasonally adjusted unemployment rate for May 2024 is 4.0 percent, up 0.1 percent from the April 2024 rate of 3.9 percent and up 0.3 percentage points from the May 2023 rate of 3.7 percent.

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