Iowa lost 900 jobs last month, causing the state’s unemployment rate to increase one-tenth of a percent to 4.9-percent. In a report cited by the Des Moines Register, officials with Iowa Workforce Development said Friday, the Iowa’s seasonally adjusted unemployment rate was 4.8 percent in July and 5.3 percent a year earlier.
IWD says the losses were broad, with trade and transportation cutting 1,300 jobs, professional and business services, down 1,200 positions, leisure and hospitality dropped 900 jobs, and manufacturing, 500. Government gained 3,700 jobs, education and health services climbed 500 and construction added 200 jobs.
Iowa has 19,800 more jobs last month than in August 2012. August is only the second month this year that Iowa has seen employment fall. March marked the other monthly decline at 4,700. IWD Director Teresa Wahlert said despite the monthly loss of jobs, more Iowans were employed. The report showed 1,100 more Iowans had jobs in August than in July, and 27,000 more positions than a year earlier.
Construction is the largest gainer so far this year, up 4,500 jobs, followed by manufacturing and professional and business services, both 4,400 jobs higher.