JOBLESS RATE: May Numbers Decrease
Iowa is one of 25 states whose unemployment rate fell last month.
The state’s unemployment rate is down for the third consecutive month.
According to Iowa Workforce Development, the unemployment rate in May dropped to 4.6-percent, that’s down from April’s 4.7-percent.
“The Iowa job market picked up momentum in May, as businesses added more jobs than anticipated,” said Teresa Wahlert, with the IWD. “Iowa’s non farms jobs grew by 5,300 in May, the largest monthly total reported so far this year.”
There are still 76,800 Iowans unemployed.
The national unemployment rate actually went up to 7.6-percent last month, from 7.5-percent in April.
The state with the lowest rate is North Dakota, at 3.2-percent.