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November 2012 - Volume 20, Number 4

   

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

 

Nationally, unemployment continued a slight downward trend to 7.8 percent, driven by unemployed workers who are no longer seeking jobs. In Iowa unemployment dropped to 5.2 percent. A similar trend of reduced numbers of people in the workforce is true, as the total potential Iowa workforce has dropped to only 1,637,900 people from the high of 1,684,200 in August 2008. Over 46,000 people have stopped looking for work.

 

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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