DES MOINES – Iowa’s seasonally adjusted unemployment rate rose to 4.4 percent in May from an April rate of 4.3 percent.
The state’s jobless rate stood at 4.8 percent one year ago. The U.S. unemployment rate remained at 6.3 percent in May.
“Iowa’s nonfarm employment continued to trend upward in May, as several sectors reached all-time highs this month,” said Teresa Wahlert, director of Iowa Workforce Development. “Additionally, gains in the labor force and total employment provide further proof of increasing worker and business confidence in the state’s expanding job market.”
The number of unemployed Iowans increased to 74,100 in May from 73,500 in April. The current estimate is 5,900 lower than the year ago level of 80,000.The total number of working Iowans increased to 1,624,300 in May from 1,621,200 in April. This figure was 3,100 higher than April and 33,100 higher than one year ago.