Iowa's Unemployment Rate Drops to 4.9 Percent

Graphic: MGN online

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By Liz Blood

DES MOINES, Iowa (AP) — Iowa Workforce Development says the state's unemployment rate for March dropped slightly to 4.9 percent, but the number of people working in nonfarm jobs also declined.

The state agency reported Friday that the seasonally adjusted rate was down from 5 percent in February and had declined from 5.4 percent a year ago.

Although the number of unemployed people dropped from 82,300 in February to 80,700, the nonfarm employment figure also dropped by 5,500 workers.

Iowa's numbers are substantially below the national rate, which stood at 7.6 percent in March.

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