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News
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Iowa
Unemployment
Rate Remains at 6.8 Percent
Posted 21 July 2010
Iowa’s seasonally
adjusted unemployment rate for June remained at 6.8 percent, and
compared with 6.0 percent for the same month one year ago. By
comparison, the U.S. jobless rate for June dropped to 9.5 percent from
9.7 percent in May. Hiring in June at both the statewide and national
levels was affected by the government’s cutting of temporary census
workers and weak consumer spending.
“The June nonfarm employment figure is higher than one year ago,
indicating that some progress has been made toward a recovery,” said
Elisabeth Buck, director of Iowa Workforce Development. “Iowa is headed
in the right direction, but hiring will need to gain strength to
substantially lower the state’s unemployment rate.”
The state’s pool of unemployed workers decreased slightly to 113,600 in
June from 114,800 in May. The number of unemployed was reported at
99,500 in June 2009.
The total number of working Iowans dropped to 1,567,100 in June from
1,571,600 in May. This was the lowest level reported for the year. One
year ago, total employment stood at 1,572,400.
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