Friday, May 17, 2013

Iowa Unemployment Down to 4.7% in April 2013

Iowa has a reputation for being a "fly-over state" with little to offer those from the larger coastal states. Here's one thing that Iowa has that many other states don't: low unemployment. And it keeps going down:
Iowa's unemployment rate dropped two-tenths of a point in April to 4.7%, and for the fourth consecutive month the labor force grew. Those are the take-aways from Friday's release of the state's unemployment rate by Iowa Workforce Development. Iowa's 4.7% is well below the national average of 7.5% - both of which were down from the March figures. Total non-farm employment held steady at just over 1.5 million jobs in April. While there were some gains in manufacturing and the service industry, those gains were offset by losses in construction and government. The biggest (gains) came in the education and health services sectors which gained 1,700 jobs in April.
This particular area of Iowa has been pretty steady for job growth and lower unemployment.

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