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Iowa rebounds from pandemic unemployment numbers

Iowa’s three percent seasonally adjusted unemployment rate dropped below the 3.6 percent national average in April and is down from 3.3 percent in March.

Bruce WalkerbyBruce Walker
May 24, 2022
in State Government
Reading Time: 2 mins read
Unemployed, Injured Workers Will See Increase in State Benefits

(The Center Square) – Iowa’s 3 percent seasonally adjusted unemployment rate dropped below the 3.6 percent national average in April and is down from the state’s 3.3 percent unemployment rate in March.

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In real numbers, those percentages translate into 50,900 unemployed Iowans in April, down from 55,600 in March. One year ago, Iowa’s seasonally adjusted unemployment was 4.5 percent.

Iowa’s initial unemployment claims plummeted to 5,290 in April, which is the lowest monthly number the state has experienced since 1973.

Iowa’s work force boasted 1,646,800 workers in April, which is 45,100 more workers than April 2021 and 10,000 more workers than March 2022. The state’s labor force participation rate rose to 67.4 percent in April from 67.2 percent in March.

“Thousands of Iowans returned to the work force in April and found promising new careers in manufacturing, construction, and other industries,” Beth Townsend, director of Iowa Workforce Development, said in a statement. “Our economy continues to grow, our labor force continues to expand, and unemployed Iowans are finding amazing new career opportunities faster than ever thanks to our pivot to focus on reemployment. The April numbers confirm once again that we’re on the right track.”

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Iowa businesses added 3,300 jobs in April after a loss of 2,800 the previous month. Much of the growth was attributed to hiring in manufacturing (up 1,100) and construction (up 900).

Sectors experiencing job growth over the past 12 months include:

  • Leisure and hospitality up 12,400, with most of the increase stemming from accommodations and food services up 10,300.
  • Manufacturing up 7,300.
  • Retail trade up 4,400.

Sectors trending down compared to last year are health care and social assistance (down 2,700), and finance and insurance (down 1,000).

Tags: Beth TownsendIowa Workforce DevelopmentIowa's Unemployment Rateunemployment
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Bruce Walker

Bruce Walker

Bruce Walker is a regional editor at The Center Square. He previously worked as editor at the Mackinac Center for Public Policy’s MichiganScience magazine and The Heartland Institute’s InfoTech & Telecom News.

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