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Labor Market Pulse
NE NONMETROPOLITAN AREA Edition
Focus: FINANCE
2.9%
Nebraska unemployment rate
Unchanged from July 2026 and August 2025
7.1%
Finance/insurance wage growth
vs 3.1% all-industry average, Nebraska YoY
<1.5
Open jobs per unemployed worker
Down from ~4.0 in 2022, Nebraska
129,000
National financial activities jobs lost
Since May 2025, led by insurance carriers
This Month's Takeaways
Finance and insurance average weekly wages grew 7.1% year-over-year in Nebraska, more than double the 3.1% all-industry average. Cost escalation assumptions built on blended wage inflation will understate what finance and accounting talent actually costs.
Local Controller advertised pay sits at $96,405 against a national median of $113,754, and FP&A Manager pay dropped moderately locally while holding stable nationally. Widening local-to-national gaps on senior finance roles raise flight risk for talent who can work remotely for better-paying national employers.
Open jobs per unemployed worker in Nebraska fell from near 4:1 in 2022 to under 1.5:1 by July, easing some hiring friction for support roles like Billing Specialist, where metro pay has held stable. Senior finance talent remains the exception — scarcity there is structural, not cyclical, per national CPA shortage data (77% Talent Shortage Index).
Both roles show significant local pay declines ($55,000 and $43,355 respectively) against significant national increases ($71,758 and $65,842). Persistently underpriced specialist roles in a nonmetro labor pool may be harder to backfill as remote-capable candidates default to nationally competitive postings.
Local Labor Conditions
Nonmetropolitan Nebraska labor supply remains structurally tight at a statewide 2.9% unemployment rate, but the open-jobs-per-unemployed-worker ratio has fallen from nearly 4:1 in 2022 to under 1.5:1 as of July, signaling a genuine rebalancing rather than a reversal of scarcity. Finance and insurance wages across the state grew 7.1% year-over-year, among the fastest of any tracked industry, even as Kansas City Fed surveys show more Nebraska employers expecting smaller headcounts by early 2026 than those planning increases.
Leadership & Talent Implications
Rebalancing labor supply combined with persistent finance-sector wage escalation creates a planning tension: headcount growth is slowing statewide, but the roles Finance leaders need most — controllership, FP&A, tax — are getting more expensive to fill, not less. Locally advertised pay for Controller ($96,405) and FP&A Manager ($117,693) has moved down materially even as national medians for the same roles climbed, suggesting metro employers may be under-pricing roles relative to where national competition is heading. Consider reviewing whether current advertised pay ranges for finance leadership roles reflect the gap between local and national trajectories before next cycle's budget is locked.
Advertised Pay Indicators
| Role | P25 | Median | P75 | Local Trend | National | Nat. Trend |
|---|---|---|---|---|---|---|
| Controller | $86,646 | $96,405 | $106,013 | ↓ Significant decline | $113,754 | ↑ Moderate increase |
| Senior Accountant | $70,642 | $80,211 | $83,990 | → Stable | $87,731 | → Stable |
| Financial Analyst | $80,000 | $100,291 | $112,530 | → Stable | $94,782 | → Stable |
| Billing Specialist | $38,002 | $42,947 | $45,760 | → Stable | $49,512 | ↑ Moderate increase |
| Tax Specialist | $39,797 | $43,355 | $46,479 | ↓ Significant decline | $65,842 | ↑ Significant increase |
| Credit Analyst | $51,342 | $55,000 | $73,844 | ↓ Significant decline | $71,758 | ↑ Moderate increase |
| FP&A Manager | $102,136 | $117,693 | $130,532 | ↓ Moderate decline | $128,139 | → Stable |
Looking Ahead · Next 30–60 Days
Worth watching
Nebraska's new state WARN Act (LB 921) took effect July 17, requiring 90-day notice for mass layoffs — watch whether any nonmetro finance, insurance, or professional services employers file notices in Q4, which would be an early signal of sector-specific contraction reaching rural counties.
Emerging pressure point
National financial activities employment has shed 129,000 jobs since May 2025, concentrated in insurance carriers. If that contraction extends to regional carriers with nonmetro Nebraska operations, local finance talent pools could loosen faster than current advertised pay data suggests.
Expected
Nebraska's minimum wage shift to a fixed 1.75% annual increase (replacing CPI adjustments) begins affecting 2027 budget planning now — Finance leaders building FY2027 labor cost models should confirm which wage floor assumption their compensation teams are using.
Potential inflection point
Kansas City Fed surveys show more Nebraska employers expecting smaller headcounts into early 2026 than those expecting growth. Watch whether that caution extends into finance and accounting specifically, or whether the national 74% hiring-increase intent among F&A leaders holds locally despite the broader state pullback.
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