Iowa’s jobless rate remains at 3.1%

The Gazette

Jan. 20, 2023 6:31 pm

FILE - A "now hiring" sign is posted in Garnet Valley, Pa., Monday, May 10, 2021. Job openings stayed at a near-record level in February, 2022, little changed from the previous month, continuing a trend that Federal Reserve officials see as a driver of inflation. (AP Photo/Matt Rourke, File )

DES MOINES -- Iowa's unemployment rate remained at 3.1 percent in December, the same rate as November, according to Iowa Workforce Development.

The national unemployment rate in December was 3.5 percent.

Iowa’s jobless rate was at its lowest point -- 2.5 percent -- in July,

Iowa employers added 2,400 jobs in December. Multiple sectors, including manufacturing, saw growth in 2022, according to the release.

"Individual industries certainly continue to feel shocks from high inflation and the ripples of a difficult business cycle," Iowa Workforce Development Director Beth Townsend said in a new release. "But overall, Iowa is now much stronger heading into 2023."