Iowa’s September unemployment rate drops to 4.7%

Local News

DES MOINES, Iowa (AP) – Iowa’s unemployment rate for September dropped to 4.7%, continuing a five-month trend of hiring after the state’s economy was hit by the coronavirus pandemic.

Iowa Workforce Development reported Tuesday that the unemployment rate was down from 6% in August. The rate has declined every month since April, when unemployment peaked in Iowa. There were an estimated 76,600 unemployed Iowa residents in September.

That is nearly 28,000 more than a year ago but down by more than 110,000 from April. Iowa’s unemployment rate was fifth-lowest in the nation. The U.S. unemployment rate in September was 7.9%.

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