Labor Force is not back to pre-pandemic levels. July was maybe 10-15,000 below LF of 2019 July.Brad wrote: Fri Sep 17, 2021 12:06 pmAny idea why? Seems like every single business is using the "Were understaffed" excuse right now. Not just fast food, all sorts of businesses.strangerthings wrote: Fri Sep 17, 2021 11:32 am The Omaha recovery peaked in June 2021 and has not made much movement back in that direction since.
July 2021 LF: 496.0
July 2021 Non-Farm Employment: 494.3
August 2021 Non-Farm: 494.5
So almost everyone in the labor force is employed (which is why the unemployment rate is so low) but the labor force is still down from where it was before. There aren't really many unemployed persons looking for a job left to hire. In the absence of people looking for jobs, Omaha businesses have no pool to draw from to get employment back up to 2019 levels. People either died, moved away, or decided they didn't want to work anymore which has hampered the recovery it seems. Delta variant could also be part of the problem but I am leaning towards a lack of people to fill open positions.
Let's take a look at some other cities in the region:
Des Moines: Over in Des Moines, non-farm employment is above their metro labor force. They similary saw non-farm employment peak in June 2021 and have been declining ever since then. Their employment recovery is around 2018 numbers.
Oklahoma City: LF and Employment at all time highs. Albeit, LF starting to decline again. Non-farm employment is down from a June peak.
Kansas City: This issue is not replicated in Kansas City. Labor Force and Employment are at all time highs there. 2% month over month employment growth and 1% month-month labor force growth. Non-farm employment however is just reaching 2019 levels.



