Nebraska Monthly Unemployment Rate Drops in September and October
LINCOLN- The Nebraska Department of Labor (NDOL) announced today that Nebraska’s preliminary unemployment rate for October is 3.9 percent, seasonally adjusted. The rate is down 0.2 percentage points from the September rate of 4.1 percent. September’s rate was down 0.1 percentage points from August. The October rate is unchanged from the October 2012 rate. The September rate and the October preliminary rate are being published simultaneously due to the federal government shutdown last month.
“I am happy to report that our unemployment rate declined two months in a row and our labor force employment continues to show an increase over last year,” said Commissioner of Labor Catherine D. Lang. “Since October 2009 when we experienced some of the highest unemployment rates, labor force employment has increased over 52,000.”
From September to October 2013, Nebraska’s non-farm employment grew to 981,281, an increase of 4,561. The top three private industries with the largest increases over the month were trade, transportation and utilities; education and health services; and other services. Over the year, nonfarm employment is up 11,312.
The seasonally-adjusted national unemployment rate in October was 7.3 percent, an increase of 0.1 percentage points from the September rate of 7.2 percent. The October 2012 national unemployment rate was 7.9 percent.
Iowa Unemployment Rate Drops to 4.6 Percent
DES MOINES, IOWA – Iowa's seasonally adjusted unemployment rate dropped to 4.6 percent in October from 4.7 percent in September. The current rate is also much improved from the October 2012 rate of 5.1 percent. Meanwhile, the U.S. unemployment rate rose to 7.3 percent in October from 7.2 percent in September.
"Despite some of the adverse effects of the federal government shutdown, Iowa's economic expansion remained on track in October," said Teresa Wahlert, director of Iowa Workforce Development. "The state's unemployment rate continued to decrease in October, while the labor force and total employment measures were at their highest levels for the year."
The statewide estimate of unemployed persons decreased to 75,900 in October from 78,700 in September and 82,600 in October 2012. The current count of unemployed is at its lowest point for the year.
The total number of working Iowans reached a current-year peak of 1,583,300 in October. This figure is 3,000 higher than September and 35,700 higher than one year ago.