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Iowas Unemployment Rate Is At 4.1% According To August Numbers

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Iowa’s seasonally adjusted unemployment rate remained at 4.1 percent in August, down from 5.3 percent one year ago. The number of unemployed Iowans increased by 300 in August to 67,900 – still 18,100 lower than the year-ago level of 86,000. The total number of working Iowans decreased by 1,600 to 1,592,200 in August. This figure is 43,700 higher than one year ago.

 

Leisure and hospitality lost the most jobs in August (-4,700). This decline was the first since December but is smaller than the large gain posted in July (+5,900). Health care and social assistance gained 600 jobs following an increase of 1,100 in July. Wholesale trade also gained 600 jobs and has improved by 1,600 jobs over the prior three months.

 

Locally the unemployment rates trended down last month from July’s numbers. Wapello County went from 5.2% to 4.5%, Henry 4.6 to 4.1, Van Buren from 3.8 to 3.4% and Jefferson County from 4.8% in July to 4% in August.


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