News

Iowa Unemployment Rate Drops for Second Straight Month

Iowa Unemployment Rate Drops for Second Straight Month

Photo: WNAX


Iowa’s unemployment rate dropped for the second straight month in October as Iowa Workforce Development says manufacturing jobs increased. I-W-D spokesman Cory Kelly says the rate fell to three-percent — down from three-point-two percent in September.

 

He says manufacturing gains 22-hundred jobs in October — the second consecutive, and the fifth in the last six months manufacturing jobs have increases.  Kelly says most of the manufacturing gains were in nondurable goods.

Kelly says the improvement in manufacturing sector is the highlight the numbers so far this year.

 

I-W-D says the number of unemployed Iowans decreased to 51-thousand  October. The current estimate is 98-hundred lower than last year at this time. The unemployment rate one year ago in October was three-point-six percent.  The U-S unemployment rate in October dropped to four-point-one percent.