JOBLESS NUMBERS: April’s Rate Decreases
After three months of increases to the state’s unemployment rate, April saw a decrease.
Iowa Workforce Development says April’s rate dropped two-tenths to 4.3-percent, from March’s rate of 4.5-percent.
IWD says Iowa’s nonfarm employment is now at a record high.
“Iowa added a robust 5,600 jobs in April, bringing the state’s nonfarm employment to a record of 1,544,400,” says IWD director Teresa Wahlert. “Total employment surpassed the previous month’s record in April, reaching an all-time high of 1,621,300.”
The national unemployment rate also dropped in April. It’s at 6.3-percent compared to March’s rate of 6.7-percent.