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Omaha's Job Growth, Real Estate, and Community Updates - New Year 2025
Good morning, this is Omaha Local Pulse for January 1, 2025. We're starting the new year with a look at recent developments and what's happening in our city today.
First off, let's talk about the job market. According to recent forecasts, Omaha's nonfarm employment is expected to grow at an average rate of 1.1 percent per year between 2022 and 2025, reaching pre-COVID levels by late 2023 and clearing 516,000 jobs by 2025[1]. This growth is spearheaded by gains in construction and leisure and hospitality sectors, which are slowly recovering from the COVID-19 recession. However, long-term employment challenges in durable goods, wholesale trade, and information services are expected to continue through 2025.
Moving on to real estate, we're seeing notable developments in construction projects. Several large building projects are planned in the next few years, which will contribute to the growth in the construction sector. However, we don't have specific updates on recent property sales or median home prices for today.
From city hall, the Omaha City Council has been busy with regular meetings. Their next meeting is scheduled for January 7, 2025, at the Omaha-Douglas Civic Center, Legislative Chambers[4]. We'll keep an eye on any significant decisions that affect daily life in our city.
Weather-wise, we're starting the year with a mix of cold and sunny conditions. Today's forecast suggests a high of 38 degrees Fahrenheit with partly cloudy skies. This should make for a pleasant day for outdoor activities, but do bundle up.
In new business activity, we don't have any major announcements for today, but we'll keep you updated on any significant openings, closings, or changes in the local business scene.
Looking ahead to community events, there are several activities planned for the next few days, including local school events and sports matches. We'll highlight these in our upcoming broadcasts.
On a positive note, we're always on the lookout for feel-good community stories. If you have any suggestions, please let us know.
Finally, in our crime report, we don't have any significant incidents to report from the past 24 hours. We'll continue to monitor public safety alerts and keep you informed.
This has been Omaha Local Pulse. We'll see you tomorrow with more local updates.
First off, let's talk about the job market. According to recent forecasts, Omaha's nonfarm employment is expected to grow at an average rate of 1.1 percent per year between 2022 and 2025, reaching pre-COVID levels by late 2023 and clearing 516,000 jobs by 2025[1]. This growth is spearheaded by gains in construction and leisure and hospitality sectors, which are slowly recovering from the COVID-19 recession. However, long-term employment challenges in durable goods, wholesale trade, and information services are expected to continue through 2025.
Moving on to real estate, we're seeing notable developments in construction projects. Several large building projects are planned in the next few years, which will contribute to the growth in the construction sector. However, we don't have specific updates on recent property sales or median home prices for today.
From city hall, the Omaha City Council has been busy with regular meetings. Their next meeting is scheduled for January 7, 2025, at the Omaha-Douglas Civic Center, Legislative Chambers[4]. We'll keep an eye on any significant decisions that affect daily life in our city.
Weather-wise, we're starting the year with a mix of cold and sunny conditions. Today's forecast suggests a high of 38 degrees Fahrenheit with partly cloudy skies. This should make for a pleasant day for outdoor activities, but do bundle up.
In new business activity, we don't have any major announcements for today, but we'll keep you updated on any significant openings, closings, or changes in the local business scene.
Looking ahead to community events, there are several activities planned for the next few days, including local school events and sports matches. We'll highlight these in our upcoming broadcasts.
On a positive note, we're always on the lookout for feel-good community stories. If you have any suggestions, please let us know.
Finally, in our crime report, we don't have any significant incidents to report from the past 24 hours. We'll continue to monitor public safety alerts and keep you informed.
This has been Omaha Local Pulse. We'll see you tomorrow with more local updates.
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By Quiet. PleaseGood morning, this is Omaha Local Pulse for January 1, 2025. We're starting the new year with a look at recent developments and what's happening in our city today.
First off, let's talk about the job market. According to recent forecasts, Omaha's nonfarm employment is expected to grow at an average rate of 1.1 percent per year between 2022 and 2025, reaching pre-COVID levels by late 2023 and clearing 516,000 jobs by 2025[1]. This growth is spearheaded by gains in construction and leisure and hospitality sectors, which are slowly recovering from the COVID-19 recession. However, long-term employment challenges in durable goods, wholesale trade, and information services are expected to continue through 2025.
Moving on to real estate, we're seeing notable developments in construction projects. Several large building projects are planned in the next few years, which will contribute to the growth in the construction sector. However, we don't have specific updates on recent property sales or median home prices for today.
From city hall, the Omaha City Council has been busy with regular meetings. Their next meeting is scheduled for January 7, 2025, at the Omaha-Douglas Civic Center, Legislative Chambers[4]. We'll keep an eye on any significant decisions that affect daily life in our city.
Weather-wise, we're starting the year with a mix of cold and sunny conditions. Today's forecast suggests a high of 38 degrees Fahrenheit with partly cloudy skies. This should make for a pleasant day for outdoor activities, but do bundle up.
In new business activity, we don't have any major announcements for today, but we'll keep you updated on any significant openings, closings, or changes in the local business scene.
Looking ahead to community events, there are several activities planned for the next few days, including local school events and sports matches. We'll highlight these in our upcoming broadcasts.
On a positive note, we're always on the lookout for feel-good community stories. If you have any suggestions, please let us know.
Finally, in our crime report, we don't have any significant incidents to report from the past 24 hours. We'll continue to monitor public safety alerts and keep you informed.
This has been Omaha Local Pulse. We'll see you tomorrow with more local updates.
First off, let's talk about the job market. According to recent forecasts, Omaha's nonfarm employment is expected to grow at an average rate of 1.1 percent per year between 2022 and 2025, reaching pre-COVID levels by late 2023 and clearing 516,000 jobs by 2025[1]. This growth is spearheaded by gains in construction and leisure and hospitality sectors, which are slowly recovering from the COVID-19 recession. However, long-term employment challenges in durable goods, wholesale trade, and information services are expected to continue through 2025.
Moving on to real estate, we're seeing notable developments in construction projects. Several large building projects are planned in the next few years, which will contribute to the growth in the construction sector. However, we don't have specific updates on recent property sales or median home prices for today.
From city hall, the Omaha City Council has been busy with regular meetings. Their next meeting is scheduled for January 7, 2025, at the Omaha-Douglas Civic Center, Legislative Chambers[4]. We'll keep an eye on any significant decisions that affect daily life in our city.
Weather-wise, we're starting the year with a mix of cold and sunny conditions. Today's forecast suggests a high of 38 degrees Fahrenheit with partly cloudy skies. This should make for a pleasant day for outdoor activities, but do bundle up.
In new business activity, we don't have any major announcements for today, but we'll keep you updated on any significant openings, closings, or changes in the local business scene.
Looking ahead to community events, there are several activities planned for the next few days, including local school events and sports matches. We'll highlight these in our upcoming broadcasts.
On a positive note, we're always on the lookout for feel-good community stories. If you have any suggestions, please let us know.
Finally, in our crime report, we don't have any significant incidents to report from the past 24 hours. We'll continue to monitor public safety alerts and keep you informed.
This has been Omaha Local Pulse. We'll see you tomorrow with more local updates.