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Iowa’s Unemployment rate drops

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January 24th, 2017 by Ric Hanson

The state’s unemployment rate dropped in December. Officials with Iowa Workforce Development said today (Tuesday) the unemployment rate dropped to three-point-six percent in December from three-point-eight percent in November. A statement from Workforce Development says Iowa’s economy has grown at a slower rate than in the past — but growth in construction, finance and healthcare offset losses in other areas.

The report says the number of unemployed Iowans dropped by nearly four-thousand from November to December. December was the third straight month the state saw a drop in unemployment, after holding steady at four-point-two percent in September. The U-S unemployment rate increased to four-point-seven percent in December.

(Radio Iowa)