Iowa Workforce Development: Iowa’s Unemployment Rate Remains at 4.1 percent in August, September 17, 2021

(2021) Iowa Workforce Development: Iowa’s Unemployment Rate Remains at 4.1 percent in August, September 17, 2021. Governor's Office

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Abstract

Iowa’s seasonally adjusted unemployment rate remained at 4.1 percent in August, down from 5.3 percent one year ago. The U.S. unemployment rate fell to 5.2 percent in August. “Iowa’s economy remains resilient despite ongoing ripples from COVID-19,” said Beth Townsend, Director of Iowa Workforce Development. The number of unemployed Iowans increased by 300 in August to 67,900 – still 18,100 lower than the year-ago level of 86,000. The total number of working Iowans decreased by 1,600 to 1,592,200 in August. This figure is 43,700 higher than one year ago. The labor force participation rate declined from 66.9 percent in July to 66.8 percent in August. It was 65.9 percent one year ago. Initial unemployment claims fell to 7,754 in August, compared to 8,362 in July. There were 23,393 initial claims in August of last year.