Iowa’s Unemployment Rate Decreases to 2.7 Percent in April
26 May 2023
DES MOINES, IOWA – Iowa’s seasonally adjusted unemployment rate dropped to 2.7 percent in April from 2.8 percent in March while the state’s labor force added 4,300 new workers. The total number of Iowans with jobs increased to 1,681,400 in April, up 5,800 from the month before.
In comparison, the U.S. unemployment rate dropped to 3.4 percent in March.
Iowa’s labor force participation rate increased to 68.3 percent, up from 68.2 percent last month. The number of unemployed Iowans decreased to 46,800 in April from 48,300 in March.
“Iowa continues to have a strong labor market, and fantastic opportunities remain for those seeking jobs,” said Beth Townsend, Director of Iowa Workforce Development. “Manufacturing, health care, and retail grew significantly in April despite the external pressures of high inflation and rising interest rates that were felt in other industries. Iowa is the land of opportunity, and IWD can help make connections between workers and employers looking for help.”