United Group Insurance

Iowa unemployment rate drops to 6.6% in July

News

August 21st, 2020 by Ric Hanson

DES MOINES, Iowa (AP) — Iowa’s unemployment rate dropped significantly in July but remained far higher than the rate before the coronavirus pandemic led to an economic slowdown. Iowa Workforce Development reported Friday a 6.6% unemployment rate, down from 8.4% in June. The rate was more than twice as high as July 2019, when the state recorded a 2.7% rate. The number of Iowa residents without jobs dropped from 137,700 in June to 107,300 in July.