Iowa’s unemployment rate steady in January

DES MOINES — Iowa’s unemployment rate for the month of January stayed steady.

Iowa Workforce Development reports that the state’s seasonally-adjusted unemployment rate was at 3.0% in January, down from the 3.2% announced in December but unchanged from a revised December rate. The state’s jobless rate was 2.9% a year ago. The US unemployment rate remained at 3.7% in January.

The total number of unemployed Iowans decreased to 50,900 in January, down 1100 from the revised December data. The total number of working Iowans decreased by 1200 to 1,653,800. The labor force participation rate decreased to 67.3% from a revised December rate of 67.5%.

Iowa Workforce Development director Beth Townsend says January’s report was mixed, with on the positive side showing the total number of nonfarm jobs remaining 12,700 above last year’s total. She says Iowa saw 2,300 people leave the workforce voluntarily in January, and given over 58,000 job openings currently in Iowa, it is important to retain the Iowans in the workforce and recruit those who have dropped out.