Jobless Rate Take First Downturn in 10 Months
By Dave DeWitte, Reporter
CEDAR RAPIDS, Iowa - Iowa's unemployment rate ticked upward slightly to 5.2 percent in June, its first increase in 10 months.
The June unemployment rate is up from 5.1 percent in May and down from 6 percent in June 2011. It compares to a nationwide unemployment rate of 8.2 percent.
Seasonally adjusted nonfarm employment dropped 2,400 jobs in June, bringing the monthly total to 1,491,400.
The number of unemployed Iowans looking for work rose to 85,600, an increase of 600 from May's level. It is lower by 14,700 than in June 2011.
The June statistics include a large seasonal drop of 3,100 jobs in local education employment. Construction shed 2,300 jobs, more than any private sector category.
Professional and business services added 3,000 jobs, more than any other sector in June, due to increased employment in waste services, support and administrative jobs.
Over the past year, manufacturing has added 11,900 jobs, more than any other sector. Construction added 4,400 jobs, the second largest gain.
What's On KCRG