Iowa
Iowa’s September unemployment rate drops to 4.7%
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DES MOINES, Iowa – Iowa’s unemployment rate for September dropped to 4.7%, continuing a five-month trend of hiring after the state’s economy was hit by the coronavirus pandemic.
Iowa Workforce Development reported Tuesday that the unemployment rate was down from 6% in August.
The rate has declined every month since April, when unemployment peaked in Iowa.
There were an estimated 76,600 unemployed Iowa residents in September.
That is nearly 28,000 more than a year ago but down by more than 110,000 from April. Iowa’s unemployment rate was fifth-lowest in the nation. The U.S. unemployment rate in September was 7.9%.
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