Iowa’s unemployment rate unchanged

(The Center Square) – Iowa’s May unemployment rate remained the same in April at 2.8%, according to Iowa Workforce Development.

The labor participation rate declined slightly in May from 66.8% to 66.7%. Fewer Iowans were unemployed as the number fell from 47,200 in April to 46,900 in May, according to statistics from IWD.

“After strong job growth earlier this year, Iowa saw moderate decreases in hiring across many industries, except health care,” said Beth Townsend, IWD executive director. “We also know that IWD’s Reemployment Case Management program has been very successful in helping unemployed Iowans find their next job in the shortest time possible. IowaWORKS Career Planners provide one-on-one assistance for jobless Iowans from the very beginning and can help them find their next opportunity at one of the 56,000+ job openings around the state.”

The education and health care sector was the biggest gainer at 1,400 jobs. The only other sector with a sizable increase was leisure and hospitality, with 500 additional, which IWD attributed to recreational industries such as amusement and gambling.

Nine hundred jobs were lost in professional business services, with administrative support and waste management losing the most, at 1,100.

- Advertisement -

The other services category dropped 700 jobs. Those jobs include ones in civic, professional and similar organizations, according to IWD.

The wholesale and retail trade industry experienced its first job loss since January, with a depletion of 500 jobs in trade, transportation and utilities, according to the statistics.

The May numbers were better when compared to the same period last year. Nearly 24,000 jobs were added in the past year with 6,900 of them coming from the education and health care sector. The accommodations and food service industries sparked an increase of 6,500 jobs in leisure and hospitality, according to IWD.

The trade, transportation and utilities sector had the biggest loss year-over-year at 1,700.

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Everyday Economics: The economy was already soft; here’s what to look for next

This week’s economic reports will tell us whether the...

EXCLUSIVE: Operation Lone Star drives smuggling operations south, across Gulf

(The Center Square) – Five years into Texas’ border...

U.S. Supreme Court to examine birthright citizenship Wednesday

The U.S. Supreme Court will hear arguments Wednesday in...

Illinois Quick Hits: Red Line funds ordered to be unfrozen

(The Center Square) – Chicago Mayor Brandon Johnson is...

Beyond Devotion: The Mental Health Impact Of Religious Obsession

Scrupulosity, or religious OCD, is a specialized form of...

Illinois bill could seize tipped‑wage control for state, undermining Chicago mayor

(The Center Square) – Illinois lawmakers advanced a measure...

Fredericksburg rally urges ‘no’ vote on amendment

(The Center Square) – “Vote No April 21” signs...

More like this
Related

Everyday Economics: The economy was already soft; here’s what to look for next

This week’s economic reports will tell us whether the...

EXCLUSIVE: Operation Lone Star drives smuggling operations south, across Gulf

(The Center Square) – Five years into Texas’ border...

U.S. Supreme Court to examine birthright citizenship Wednesday

The U.S. Supreme Court will hear arguments Wednesday in...