image image image image

Record Low Unemployment Rate for Iowa

By Aaryn Frazier, September 21, 2018

Iowa Workforce Development announced the unemployment rate officially dropped to 2.5 percent at the end of August.

This brings Iowa to the lowest unemployment rate in over a decade. Beth Townsend, director of Iowa Workforce Development said it hasn’t been this low since May of 2000.

“As the unemployment rate continues to drop, Iowans are coming together as never before to find ways to help more Iowans get upskilled as demonstrated by the more than 1,900 community and business leaders who are attending Future Ready Iowa summits,” said Townsend.

There are summits scheduled across the state to provide local leaders to develop local solutions to local workforce issues. Townsend said the response to the summits has been overwhelming and we are working to insure that as many Iowans as possible will be able to attend.

“While several of the early summits are already at capacity with wait lists, there are still slots available in Centerville, Cedar Valley, Creston, Elkader, Fort Dodge, Des Moines, Ottumwa and Pella,” Townsend said.

This almost historical drop comes shortly after a remarkable drop to 2.6 percent in the beginning of August this year. Iowa had dropped from 3.6 to 3.1 the years before showing a .5 percent drop per year.

(Photo from bizjournals.com)

Unemployment Numbers at Record Low

Facebook Comments
(Visited 1 times, 1 visits today)

Weather

Ottumwa, IA weather