Iowa's Unemployment Rate Falls to 3 Percent

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(Iowa) -- Iowa's workforce is growing as the state's unemployment rate is shrinking.

Iowa Workforce Development says the state's unemployment rate dropped from 3.1 percent in December to 3 percent in January. Overall, the state added roughly 8,300 jobs in January. The state's labor participation rate is above 68 percent, which is the closest it's been to the 70 percent participation rate that the state saw before the COVID-19 pandemic. Industries reporting job gains include construction, manufacturing, leisure and hospitality, healthcare, and more.

The full report is available on the Iowa Workforce Development website.


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