Cedar Rapids Unemployment Rate Plunges
By Dave DeWitte, Reporter
The five-in-one dam (top) under Interstate 380 and the First Avenue bridge over the Cedar River in downtown Cedar Rapids on Saturday, May 30, 2011, in northeast Cedar Rapids. (SourceMedia Group News/Jim Slosiarek)
By
Aaron Hepker
Story Created:
Oct 24, 2012 at 10:01 AM CDT
Story Updated:
Oct 24, 2012 at 10:01 AM CDT
CEDAR RAPIDS, Iowa - The Cedar Rapids metro unemployment rate fell 1.1 percent to 4.6 percent in September on the strength of strong seasonal hiring in local government, education and health services.
The month-over-month gains in the Iowa City and Cedar Rapids metros were the highest in the state’s large metros. The Iowa City MSA saw a 1.1 percent drop, to 3.2 percent.
An important footnote: The extremely low monthly local jobless numbers are not seasonally adjusted, whereas the statewide unemployment rate of 5.2 percent is seasonally adjusted.
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