Low unemployment but slow growth in Nebraska

Nebraska’s economy has remained relatively strong, but recent growth has been slower. Measures of economic output and employment growth both slowed through 2017 alongside historically low levels of unemployment. Tightening labor markets likely have contributed to some of the recent slowdown as wage gains in Nebraska also have continued to accelerate. Though unemployment has remained low across the state, economic activity in rural areas has continued to weaken alongside persistently low agricultural commodity prices.