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February 2012 - Volume 20, Number 1

   

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U.S. and Iowa's Unemployment, January 2011- Present

U.S. and Iowa Unemployment

 

Nationally, unemployment fell from 9 to 8.5 percent in the 4th quarter. The long-term unemployed number (jobless for 27+ weeks) remained very high at 5.6 million, accounting for 42.5 percent of the total. Involuntary part-time workers were 8.1 million, while another 2.5 million people have quit looking for work. The Iowa rate also continued a slow drop to 5.6 percent. However, the number of people employed remains 10,500 below the 1,576,000 employed in January 2011, at 1,565,500.

 

Source: Iowa Workforce Development, Labor Market Information Bureau, “Monthly Unemployment Rate News”

 

IOWA ECONOMIC SCORECARD is our quarterly economic forecast, arriving in February, May, August,
and November. It consists of statistics about and analysis of the Iowa economy.

 

IOWA ECONOMIC SCORECARD is published by Public Interest Institute at Iowa Wesleyan College, a
nonpartisan, nonprofit, research and educational institute whose activities are supported by contributions from private individuals, corporations, companies, and foundations. The Institute does not accept government grants.

 

Contributions are tax-deductible under sections 501(c)(3) and 170 of the Internal Revenue Code.

 

Permission to reprint or copy in whole or part is granted, provided a version of this credit line is used: “Reprinted by permission from IOWA ECONOMIC SCORECARD, a quarterly newsletter of Public Interest Institute.” The views expressed in this publication are not necessarily those of Public Interest Institute. They are brought to you in the interest of a better-informed citizenry because IDEAS DO MATTER.

 

   
     

 

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