Data including retail sales, housing permits, airport traffic, and unemployment claims all show the area’s continued recovery from the recession caused by the COVID-19 pandemic.
“While the addition of 42,000 jobs in 2021 puts the Omaha area closer to pre-COVID shutdown levels, as the student group has collectively concluded, exceeding that mark will come down to labor force participation.
Despite challenges in labor force participation driven by early retirements and slower overall population growth, the report forecasts the Omaha economy to add jobs steadily and grow nonfarm employment by 1.1 percent over the next four years.
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