Iowa’s seasonally adjusted unemployment rate fell to 2.7 percent in May. The state’s jobless rate was 3.2 percent one year ago. The U.S. unemployment rate dropped to 3.8 percent in May.
The number of unemployed Iowans decreased to 46,000 in May from 47,000 in April. The current estimate is 7,900 lower than the year ago level of 53,900. The total number of working Iowans increased to 1,630,100 in May. This figure was 2,900 higher than April and 3,300 higher than one year ago.
Beth Townsend, Iowa Workforce Development Director says, “May was another positive month for Iowa’s workforce and economy,” “More Iowans are working than the same time last year and construction hiring is again on the upswing, with over 4,000 jobs added since January.
Townsend says that the state is working with businesses and educational institutions to get people in the training programs to fill the needs of the state’s employers.
