This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Neb. Jobless Rate Unchanged At 3.8 Pct In February

LINCOLN, Neb. (AP) â¿¿ Nebraska's preliminary unemployment rate for February was unchanged at 3.8 percent, matching the revised rates for January and December, the state Labor Department said in a report released Friday.

The rate was two-tenths of a point lower than in February 2012 and less than half this year's national February rate of 7.7 percent.

The 3.8 percent state rate is the second-lowest figure in the country, trailing only North Dakota's 3.3 percent.

Nonfarm employment rose by nearly 3,000 jobs since January and by 7,450 jobs since February last year, the department said.

According to the state report, the three Nebraska industries showing the largest job gains in February were professional and business services, education and health services, and manufacturing.

"Manufacturing has been one of the bright spots in Nebraska's recovery from the recession," Labor Commissioner Catherine Lang said.

The number of unemployed people in Nebraska was estimated at 39,528 in February, which is lower than the revised January figure of 39,638. The February figure is also lower than the February 2012 figure of 40,517.

In Nebraska's largest city, Omaha, the preliminary unemployment dropped to 4.6 percent from 5 percent in January. The rate a year ago was 5.1 percent. Lincoln's unemployment rate dropped to 3.8 percent, compared with a revised 4.2 percent in January. A year ago, the city's February rate was 4.1 percent.

The unemployment rates for Lincoln and Omaha are not seasonally adjusted, the department has said, so they cannot be directly compared to the state unemployment rate.

Here are preliminary area labor market unemployment rates for February, followed by the revised January rates:

â¿¿ Beatrice: 4.6, 5.3

â¿¿ Columbus: 3.6, 4.0

â¿¿ Fremont: 4.3, 4.7

â¿¿ Grand Island: 3.9, 4.4

â¿¿ Hastings: 3.9, 4.4

â¿¿ Kearney: 3.3, 3.7

â¿¿ Lexington: 4.7, 5.0

â¿¿ Norfolk: 3.9, 4.3

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.22 -1.00%
FB $117.97 0.46%
GOOG $696.72 0.63%
TSLA $230.77 -0.67%
YHOO $35.88 -0.36%


Chart of I:DJI
DOW 17,700.88 -50.03 -0.28%
S&P 500 2,056.51 -6.86 -0.33%
NASDAQ 4,746.7140 -16.51 -0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs