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News

Iowa Unemployment Rate at 6.6 Percent
Posted 11 March 2010
Iowa’s seasonally adjusted unemployment rate rose slightly to 6.6 percent in January from a revised December rate of 6.5 percent. The state’s jobless rate was 5.2 percent for the same month one year ago. Meanwhile, the U.S. unemployment rate took an unexpected turn for the better in January, dipping to 9.7 percent.

“Iowa has started the long journey back from a deep and prolonged recession,” said Elisabeth Buck, director of Iowa Workforce Development. “Recent indicators show that confidence is beginning to rebuild among the state’s employers, which will gradually lead to hiring activity.”

Iowa’s pool of unemployed workers increased to 111,000 in January from 109,800 in December. The estimate of unemployed persons was reported at 86,900 for January 2009.

The total number of working Iowans increased to 1,570,200 in January from 1,567,600 in December. Total employment was 18,900 higher one year ago at 1,589,100.

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