Iowa’s Unemployment rate increases to 3% in September

iowa-workforce

Des Moines, IA-  Iowa’s unemployment rate increased to 3% in September, up from 2.9% last month, but down from 3.1% a year ago.

According to Iowa Workforce Development, Iowa’s labor force participation rate decreased slightly to 68.6% in September as college students left the workforce to return to school.

The number of unemployed Iowans increased to 52,800 in September from 50,200 in August.  The total number of working Iowans decreased to 1,688,200 last month. This figure is 4,200 lower than in August but 22,000 higher than one year ago.

The US unemployment rate remained at 3.8% in September, and the national labor force participation rate remained at 62.8%.