Iowa economy adding jobs - KWWL - Eastern Iowa Breaking News, Weather, Closings

Iowa economy adding jobs


Iowa's unemployment rate remained at 6.0 percent in October, while the number of unemployed dropped below 100,000 for the first time since November 2009.  The statewide jobless rate was reported at 6.2 percent one year ago.  The state's unemployment rate continued to compare favorably with the U.S. rate, which eased down to 9.0 percent last month.

"The Iowa labor market rebounded in October with a job gain of 2,300," said Teresa Wahlert, director of Iowa Workforce Development. "The improved employment picture for October raised hopes for a stronger hiring pattern in fourth quarter, and also allayed fears of another recession."                                 

The statewide estimate of unemployed workers dropped to 98,900 in October from 100,100 in September.  The state's pool of unemployed workers stood at 103,000 one year ago.




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