Iowa Unemployment Rate Increases

Iowa’s Unemployment Rate Increases to 3.0 Percent in October according to Iowa Workforce Development.  Job cuts in manufacturing and construction significantly contributed to unemployment rates; however, with the election over, officials expect employers’ prior hesitation to dissipate.  There are 52,000 jobs posted on iowaworks.gov.

Things like machinery and transportation costs also prompted much of the loss of employment.   The number of unemployed Iowans increased to 51,000 in October from 49,400 in September.