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February 2013 - Volume 21, Number 1


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


Nationally, unemployment remained flat in the 7.8-7.9 percent range, with many workers still not even looking for jobs. Iowa’s unemployment rate was 4.9 percent for the second month in a row, with 80,000 unemployed. The total potential Iowa workforce remains low, with only 1,638,500 people in the workforce. Almost 56,000 people have stopped looking for work since the high in March 2007. Welcome to the new “normal.”

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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