The latest data released by Iowa Workforce Development (IWD) reveals positive trends in the state’s labor market, as Iowa’s unemployment rate decreased to 2.7 percent in April, down from 2.8 percent in March. The national unemployment rate recorded similar movement, dropping from 3.5 percent in March to 3.4 percent in April. The report also highlights the decrease in unemployment, with the number of unemployed Iowans falling to 46,800 in April from 48,300 in March. Iowa’s labor force participation rate increased to 68.3 percent, up from 68.2 percent the prior month. Director of Iowa Workforce Development, Beth Townsend, says, “Iowa continues to have a strong labor market, and fantastic opportunities remain for those seeking jobs. 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.” The full IWD report is available below. April’s county-by-county figures are expected to be released early next week.
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