Nebraska Retains Status with Lowest Unemployment in Nation

Nebraska retained its status last month as the state with the nation’s lowest unemployment rate, according to data released Friday. Nebraska’s seasonally adjusted unemployment rate for October fell to 3%, down from 3.6% in September and the same as the rate recorded October a year ago. Nebraska’s latest rate is less than half the national rate of 6.9%, according to the U.S. Bureau of Labor Statistics. Vermont and Iowa had the second- and third-lowest rates for October at 3.2% and 3.6%, respectively. Hawaii had the highest rate nationwide, at 14.3%. Nebraska’s rate has remained low compared to other states despite the coronavirus pandemic, which resulted in widespread business closures and layoffs.