Nebraska’s 1.9% unemployment rate the lowest on record in US, Iowa’s rate down to 3.9%
(AP) - The latest unemployment numbers are out and both Iowa and Nebraska are seeing their unemployment rates go down. And in the case of Nebraska, their unemployment rate is the lowest on record in the United States.
Nebraska’s unemployment rate fell to a mere 1.9% last month, which was the lowest any state has reached since U.S. data collection began in 1976.
The October rate reported by Nebraska’s labor department and the Bureau of Labor Statistics marks the first time a state’s unemployment rate dropped below 2%. Spokespeople for both agencies confirmed that Nebraska’s rate is the lowest recorded nationally.
Nebraska has maintained its status as the state with the lowest rate through much of the pandemic. It’s 0.1 percentage points lower than Nebraska’s September rate of 2%.
In response to this low unemployment rate, Nebraska Gov. Pete Ricketts released the following statement:
“Nebraska has achieved the lowest unemployment rate of any state in history. The record rate is a sign of our strong job growth, successful reemployment services, and extraordinary economic resilience. Nebraska has plenty of great-paying career opportunities for anyone looking to enjoy the Good Life!”
Iowa’s unemployment rate dropped slightly in October to 3.9%.
Iowa Workforce Development announced Friday that the rate declined from 4% in September and was down from 4.2% a year ago.
The lower rate came as the number of Iowa residents with jobs increased by 1,600 to nearly 1.6 million. The percentage of Iowans in the labor force was 66.8%.
Iowa’s unemployment rate was ranked 18th lowest, tied with two other states.
The national unemployment rate for October was 4.6%.
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