JOBLESS NUMBERS: December Rate Declined
The unemployment rate in Iowa continues to drop.
According to the newest numbers from Iowa Workforce Development, December’s jobless rate was 4.2-percent. It dropped a tenth of a percent from November’s rate, which was revised from 4.4 to 4.3-percent.
“In contrast to the national trend, Iowa made considerable progress toward expanding its labor force in 2013,” says IWD’s Teresa Wahlert. “The state’s labor force grew in response to the increase in total employment, which surpassed 1.6 million in December.”
There have been four straight months of a decrease in the unemployment rate in Iowa.
Nationally, the December jobless rate decreased as well – falling to 6.7-percent