A University of Nebraska-Lincoln economist says the state economy is strong enough to absorb the blow of losing ConAgra.
Eric Thompson, director of the Bureau of Business Research, says the state first needs to focus on the needs of more than one thousand workers who are losing their jobs.
Then, it needs to assess the loss of the ConAgra headquarters in Omaha.
“In terms of the overall Omaha or Nebraska economy, I do think Omaha and Nebraska’s economy are large enough to absorb even this level of job loss and that, over time, the economies might be a little smaller than they would have been, but will recover,” Thompson tells Nebraska Radio Network affiliate KLIN.
ConAgra, which had been headquartered in Omaha since 1992, is moving its headquarters to Chicago.
Jane Monnich, KLIN, contributed to this story.