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Unemployment rate drops in January

News

March 14th, 2022 by Ric Hanson

(Radio Iowa) – Iowa’s unemployment rate dropped to three-point-seven percent in January. The rate was down from the revised December rate of three-point-nine percent. Iowa Workforce Development says the leisure and hospitality industries added the most jobs in January — up 25-hundred. I-W-D says the industry saw a loss of 800 jobs in December — but has generally trended up steadily since COVID quarantines ended. Most gains were within accommodations and food services, which are up 65-hundred jobs since August. The state unemployment rate one year ago in January was four-point-four percent. The U-S unemployment rate in January increased to four percent.