May 7, 2010
FOR IMMEDIATE RELEASE
Nebraska WorkForce Index for First Quarter Shows
Mixed Signals for Labor Market
OMAHA, Neb., May. 7 – The Nebraska WorkForce Index (WFI), which compares labor availability to job availability in Nebraska, rose to 1.83 in the first quarter of 2010, a significant shift caused by a 24% increase in the number of unemployed workers at the start of the year. While the state’s unemployment rate jumped from 4.4% to 5.4%, the number of job postings increased by 10% over that same time period.
AIM’s job trend data indicates that the number of job postings for the first quarter increased across all but four sectors — Human Services; Government and Public Administration; Marketing Sales and Service; and Finance and Insurance — but the change was negligible (less than 1%). The sectors with the largest percentage gain were Architecture and Construction (41%), Manufacturing (28%), Education and Training (17%) and Hospitality and Tourism (16%).
About the Nebraska WorkForce Index
The AIM Institute and Creighton University College of Business produce the Nebraska WorkForce Index (WFI) each quarter to reveal shifts in job availability versus labor availability. The WFI combines the AIM Institute’s employer data with unemployment data from the state’s Bureau of Labor Statistics. Index values greater than 1.0 indicate there are more job seekers than available jobs, while values less than 1.0 suggest a labor shortage. For more information, visit www.aiminstitute.org/WFI or www.creighton.edu/WFI.
About the AIM Institute
The AIM Institute is a membership organization that empowers communities, organizations and individuals through information technology. We are a 501(c) (3) nonprofit consortium of local, state and regional businesses, colleges/universities, secondary schools, the Greater Omaha Chamber of Commerce and the State of Nebraska. Our signature services are Careerlink.com ®, the region’s leading career development website, and Infotec ®, the Midwest’s premier IT and business conference. For more information, visit www.aiminstitute.org.
About Creighton University College of Business
Guided by its Jesuit heritage, the Creighton University College of Business forms leaders who promote justice and use their business knowledge to improve the world. Since 1920, the college has awarded almost 10,000 degrees to students from across the nation and around the world. Dual accreditation in business and accounting education by the AACSB places the college within the top two percent of business schools in the world. Undergraduate and graduate degrees focusing on traditional business disciplines, along with special programs in bioscience management, social entrepreneurship and leadership are taught by 42 full-time faculty members. Within six months of graduation, nearly 100 percent of our students are placed in jobs or go on to start their graduate education. For more information, visit www.creighton.edu/business.
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Contact
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AIM Institute
Dr. Kandace R. Miller
President and CEO
402.345.5025 x111
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Adam Haeder
Vice President of Information Technology
402.345.5025 x115
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Creighton University College of Business
Anthony Hendrickson
Dean, College of Business
402.280.2852
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Brook Matthews
Director of Marketing
402-280-2616
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