Lang
12/16/22
12/16/22
Iowa’s seasonally adjusted unemployment rate increased to 3.1 percent in November, while the labor force participation rate held steady at 67.7 percent and 500 jobs were added.
That’s according to statistics released Thursday by Iowa Workforce Development.
The report says the U.S. labor force participation rate fell to 62.1 percent in November and the national unemployment rate remained unchanged at 3.7 percent.
Despite surveyed employers reporting that they added jobs, the number of unemployed Iowans rose to 52,400 in November from 49,700 in October, but remains 12,700 lower than one year ago.
The total number of working Iowans decreased by 3,400 in November to 1,659,000 but remains 48,300 higher than one year ago.