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Iowa Sees Consecutive Months of Drops in Unemployment Rate

Iowa Sees Consecutive Months of Drops in Unemployment Rate

Photo: WNAX


It’s now six consecutive months of drops in the Iowa unemployment rate. Cory Kelly with Iowa Workforce Development says the March unemployment rate fell to three-point-one percent compared to three-point-two percent in February.

 

The unemployment rate was three-point-eight percent one year ago in March. The business sector did cut 500 jobs — the first cut since November — but Kelly says gains were made in other areas.

 

Education and health services added 700 jobs and so far have gained jobs for four-consecutive months.

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The U-S. unemployment rate dropped to four-point-five percent in March.