Corridor unemployment picture mixed in July
Rate unchanged in Cedar Rapids, down slightly in Iowa City
George C. Ford
The unemployment rate for the Cedar Rapids metropolitan statistical area was unchanged in July from the previous month, contrasting with the Iowa City MSA where the jobless rate dipped below 3 percent.
Iowa Workforce Development on Tuesday said the Cedar Rapids MSA unemployment rate was stuck at 4 percent last month. The metro area shed 2,000 nonfarm jobs from June, and now stands at 144,300. Total nonfarm employment in the metro area is 1,700 above July 2015.
Natural resources and construction added 300 jobs and manufacturing gained 200 jobs — all in non-durable goods production. Employment losses largely involved education-related services with the bulk of the losses in local government, which experienced a seasonal paring of 2,100 jobs.
Educational and health services eliminated 100 jobs and trade, transportation and warehousing trimmed 200 jobs.
Over the past year, professional and business services has added 1,000 jobs, accompanied by several smaller gains of 300 or less. Government and information are the only two sectors with employment losses, each eliminating 200 positions.
The Iowa City MSA’s unemployment rate dipped to 2.9 percent in July from 3.1 percent in June.
Nonfarm employment in the Iowa City metro area was down 200 jobs from June. Overall, government shed a net 100 jobs, with a loss of 800 in local government and state government adding 700 jobs.
Trade, transportation and warehousing added 200 jobs.
Goods producing industries in the Iowa City metro area added 100 jobs in July.
Since July 2015, the Iowa City MSA has added 2,700 jobs with gains in nearly every sector. Goods producing manufacturers added 600 jobs from July 2015, the best over-the-year increase the industry has seen since late 2013.
Iowa’s statewide jobless rate edged up to 4.1 percent in July from 4 percent in June as fewer residents were working despite employers expanding their payrolls.
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