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Iowa jobless rate rises slightly in March
Dave DeWitte
Apr. 19, 2011 12:16 pm
Iowa's unemployment rate rose slightly in March as the number of jobless Iowans climbed by about 1,000, Iowa Workforce Development reported.
The seasonally adjusted unemployment rate of 6.1 percent was up from February's 6 percent. It was unchanged from March 2010.
Iowa's unemployment rate remained significantly below the United States unemployment rate of 8.8 percent, which also dipped by 0.1 percent.
Despite the two negative numbers, Iowa Workforce Development Director Teresa Wahlert said the March hiring pattern provided “further assurance that the Iowa economy is moving the right direction.”
The Iowa Policy Project agreed in its monthly analysis of employment trends, noting that the first three months of 2011 have brought an increase of 11,400 jobs.
“If Iowa's economy can maintain that pace throughout 2011, it will go a long way toward erasing the payroll jobs deficit from the Great Recession,” said Noga O'Connor said, a research associate at the Iowa Policy Project. She said nonfarm jobs in Iowa are at a 22-mopnth high, but remain 47,700 jobs behind the all-time high mark of 1,528,200 in May 2008.
O'Connor said weakness in public sector employment – down 1,100 jobs over last year – is one area of concern.
Total nonfarm employment climbed 4,400 from February, and is now 13,000 more than in March 2010.
Leisure and hospitality services had the biggest job gains, up 2,100 from February and 5,200 from March 2010.
Manufacturing employment was up 1,400 from February and 2,500 from March 2010.
Iowa's nonfarm employment has increased 13,000 from March 2010.
Iowa's unemployment rate rose slightly in March as the number of jobless Iowans climbed by about 1,000

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