Iowa’s seasonally adjusted unemployment rate dropped to 4.7 percent in April from 4.9 percent in March, and was well below the year ago rate of 5.2 percent. The U.S. unemployment rate for April eased down to 7.5 percent from 7.6 percent in March.
“The state’s unemployment rate continued to show improvement in April, falling to its lowest level since December 2008,” said Teresa Wahlert, director of Iowa Workforce Development. “The statewide labor force also grew for the fourth consecutive month, a sign that individuals are feeling more confident about the job market.”
The estimate of unemployed persons dropped to 77,800 in April from 80,500 in March. The number of unemployed stood at 86,200 one year ago.
The total number of working Iowans increased for the seventh consecutive month in April, climbing to 1,570,900 from 1,562,100 in March. The level stood at 1,557,900 one year ago.