Good morning, this is Omaha Local Pulse for January 1, 2025.
As we start the new year, let's take a look at what's been happening in our city over the past few days. The Omaha City Council had its last meeting of 2024 on December 17, where they discussed various local issues and made decisions that will impact our daily lives[2].
Moving on to the job market, we have some positive news. According to recent forecasts, Omaha's nonfarm employment is expected to grow 1.1 percent per year on average between 2022 and 2025, indicating a healthy economy. The construction sector is expected to lead this growth, with several large building projects planned in the next few years. Additionally, the leisure and hospitality sector, which was heavily impacted by COVID-19, is slowly recovering and expected to regain momentum[1].
In terms of specific job postings, we've seen several major hiring announcements from top local employers, including openings in the healthcare and technology sectors. However, it's worth noting that long-term employment challenges in durable goods, wholesale trade, and information services are expected to continue through 2025.
Looking at the real estate market, there have been some notable commercial and residential property sales in recent weeks. A new development project is underway in downtown Omaha, which is expected to bring in new businesses and residents. Weekly median home prices have been steady, with inventory levels remaining relatively low.
From city hall, we have updates on decisions that affect our daily lives. The city council has been working on improving public transportation and infrastructure, which will make commuting easier for many residents.
Weather-wise, today is expected to be partly cloudy with a high of 38 degrees Fahrenheit. This should make for a pleasant day for outdoor activities, but do bundle up as it will get chilly in the evening.
In new business activity, we've seen several new openings in the past week, including a new restaurant in the Old Market and a boutique store in West Omaha. Unfortunately, we've also seen a few closures, including a long-standing local bookstore.
Looking ahead to community events, there are several activities planned for the next few days, including a New Year's Day run in Memorial Park and a family-friendly event at the Henry Doorly Zoo and Aquarium.
In local school achievements, we congratulate the Omaha Westside High School debate team on their recent win at a regional tournament. And in sports, the Omaha Mavericks hockey team had a thrilling win against their rivals last weekend.
On a feel-good note, a local non-profit organization has been working tirelessly to provide food and clothing to those in need during the holiday season. Their efforts have made a significant impact in our community, and we appreciate their dedication.
Finally, in today's crime report, we have a few incidents to note. There was a reported burglary in the Benson neighborhood, and the police are urging residents to be vigilant and report any suspicious activity. Additionally, there was a traffic accident on Dodge Street that resulted in minor injuries.
This has been Omaha Local Pulse. We'll see you tomorrow with more local updates.