Iowa’s unemployment rate held steady at three-point-four percent in February. Iowa Workforce Development director Beth Townsend says there are some signs of tightening in sections of the economy.
“Employers shed about 44-hundred jobs between January and February, and our labor force participation decreased a tenth of a point,” she says.
Townsend says there are also positives in the job market.
Townsend says the average duration someone is on unemployment remains less than ten weeks. She says there are more than 51-thousand jobs available on IowaWorks.gov. The U-S unemployment rate increased to four-point-four percent (4.4%) in February.
