March 12, 2024

Omaha, NE – January 2024 Jobs Market Report – Steady Growth Continues

Omaha’s job market maintained its positive momentum in January 2024, continuing the trend of steady growth seen in recent months. While data for specific city-level figures is not yet available, broader state and national reports offer valuable insights.

Highlights:

The national unemployment rate dropped to 3.5%, the lowest level since December 2019.
Nebraska’s unemployment rate remained low at 2.8%, ranking it among the top 10 states with the lowest unemployment rates (Bureau of Labor Statistics, Nebraska Department of Labor
Several key industries in Omaha, such as healthcare, professional services, and manufacturing, showed continued job growth (Omaha World-Herald

What Industries and Occupations Grew:

Health and Social Assistance: This sector added the most jobs nationwide in January, and healthcare positions consistently rank among the top in demand in Omaha.
Professional and Business Services: This sector, encompassing everything from financial services to IT, saw continued growth in Omaha, reflecting the city’s expanding professional sector (Omaha World-Herald
Manufacturing: Omaha’s manufacturing sector, particularly in food processing and transportation equipment, continues to add jobs, contributing to the city’s economic stability (Greater Omaha Chamber of Commerce

What Industries and Occupations Shrank:

Transportation and Warehousing: This sector saw a slight decline in jobs nationally in January, but data specific to Omaha is not yet available.
Natural Resources and Mining: This sector typically experiences seasonal fluctuations, and it’s unclear if any decline observed in January is part of that trend or reflects a broader slowdown.
Other Services: This category encompasses diverse industries like personal care and entertainment, and information on its performance in Omaha is limited.

Compare to Same Month Last Year:

Although city-specific data isn’t yet available, Nebraska’s overall job growth in January 2024 was 2.2% compared to January 2023 (Bureau of Labor Statistics, Nebraska Department of Labor

Compare to Previous Month:

Information on month-to-month changes in Omaha’s job market is not yet available.

Future Outlook:

Experts predict continued job growth in Omaha in 2024, likely fueled by the city’s expanding healthcare, professional services, and manufacturing sectors (Greater Omaha Chamber of Commerce

10 Growing Occupations in Omaha:

10 Companies Hiring Now in Omaha: