OMAHA, Neb., Feb. 12, 2020 – The Greater Omaha Chamber today released monthly economic indicators for December 2019, noting Omaha’s labor force is up 3.3 percent over December 2018.
In addition, single-family construction permits are up 20.2 percent over December of last year.
Employment growth and private hourly wages are also on the increase, with GoBankingRates reporting Omaha one of the fastest-growing cities in the U.S., and further noting the metro ranks No. 19 in cities overall where paychecks are “getting bigger.” Average hourly wages have risen about $1.11 in Omaha since December 2018.
About Greater Omaha
Greater Omaha is a No. 1 ranked up-and-coming-tech hotspot and Time magazine’s 2017 No. 3 Most Up-and-Coming City in America. Recognized for its “We Don’t Coast” attitude, and named America’s No. 2 Best Small City, Greater Omaha is home to more than 30 communities and nearly 1 million people, with a youthful population (more than 40 percent are age 24 or younger), low cost of living and steady economic growth that outpaces the nation. Berkshire Hathaway, Mutual of Omaha, Peter Kiewit Sons’ Inc. and Union Pacific – all Fortune 500 companies – call Greater Omaha “home.”
About the Greater Omaha Chamber
The mission of the Greater Omaha Chamber is to champion a thriving business community and a prosperous region through visionary leadership and collaboration.