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State jobless rate hits four-year lowTell North Platte what you think
 

The Nebraska Department of Labor announced Friday that Nebraska’s preliminary unemployment rate for November is 3.7 percent, seasonally adjusted, the lowest jobless rate in years.

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The rate is down slightly from the November rate of 3.8%.

The November 2011 unemployment rate was 4.3%.

“Nebraska has not seen an unemployment rate this low since November of 2008,” said Commissioner of Labor Catherine D. Lang. “We continue to see steady growth on a year-to-year basis.”

Compared to this time last year, the non-farm job count is up by more than 6,400. The three industries showing the largest gains during last year are: Education and Health Services, Mining and Construction, and Manufacturing.

The state consistently has a labor force participation rate above 70 percent, one of the highest in the country.

“Nebraska has largely avoided the so-called ‘discouraged worker syndrome’ and has not seen a large amount of workers exiting the labor force because they’ve stopped looking,” Lang said.

The seasonally-adjusted national unemployment rate in November was 7.7%, down by 0.2% from the October 2012 rate of 7.9% and a full point below the November 2011 unemployment rate of 8.7%.


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The North Platte Bulletin - Published 12/22/2012
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