Iowa Unemployment Rate at 4.9 Percent
DES MOINES, IOWA – Iowa’s seasonally adjusted unemployment rate edged up to 4.9 percent in August, as more Iowans continued to enter the labor force. The August rate was up from 4.8 percent in July, but down from the year ago rate of 5.3 percent. In contrast, the U.S. unemployment rate for August decreased to 7.3 percent from 7.4 percent in July because fewer people were looking for work.”
“Encouraged by the upward trend in total employment for the year, more Iowans are entering the labor force,” said Teresa Wahlert, director of Iowa Workforce Development. “Iowa’s labor force reached its highest level for the year in August at 1,655,300.”
Iowa’s pool of unemployed persons increased to 80,800 in August from 79,000 in July. The comparable estimate of unemployed for August 2012 was 87,000.
The total number of working Iowans grew to 1,574,400 in August, which was up from 1,573,300 in July. The current level is 27,000 higher than one year ago.
Nebraska Monthly Unemployment Rate Stable
LINCOLN- The Nebraska Department of Labor (NDOL) announced today that Nebraska’s preliminary
unemployment rate for August is 4.2 percent, seasonally adjusted. The jobless rate is the same as the July
rate and up .2 percentage points from August 2012. Nonfarm employment increased .09 percent over the
month and 1.04 percent over the year.
“Various industries in the state continue to show growth,” said Commissioner of Labor Catherine D. Lang.
“The computer systems design and related services industry has grown 1.9 percent since last August and has
averaged 4.3 percent over-the-year growth since 2004. To maintain this type of growth, it is important that
we continue to emphasize the importance of training in science, technology, engineering and math (STEM).”
The Nebraska Department of Labor’s Office of Labor Market Information website has information on the
projected need for STEM occupations. Go to neworks.nebraska.gov/analyzer.
The seasonally-adjusted national unemployment rate in August was 7.3 percent, a decrease of 0.1
percentage points from the July rate of 7.4 percent. The August 2012 national unemployment rate was 8.1
September 2013 data will be published Friday, October 18.