American Recovery and Reinvestment Act

    Welcome to Iowa's Economic Recovery
    Tuesday, October 21 2014 @ 03:40 AM CDT

    Iowa Sustains Job Growth for Fifth Consecutive Month

    Contact: Kerry Koonce: (515) 281-9646

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    DES MOINES, IOWA – Iowa’s seasonally adjusted unemployment rate remained unchanged at 6.0 percent in May, but was down slightly from the year ago rate of 6.1 percent. Nationwide, the unemployment rate rose to 9.1 percent in May from 9.0 percent in April, while U.S. employers hired only 54,000 workers, the fewest in eight months.

    “Iowa outperformed the nation in May by posting its strongest job growth for the year,” said Teresa Wahlert, director of Iowa Workforce Development. “The state marked its fifth consecutive month of job gains led by strong hiring in the manufacturing sector.”

    The statewide estimate of unemployed persons edged down to 100,900 in May from 101,600 in April. The level of unemployed was reported at 102,100 one year ago.

     The total number of working Iowans dipped slightly to 1,582,500 in May from 1,583,400 in April, but was 14,700 higher than the year ago total of 1,567,800.

     Seasonally Adjusted Nonfarm Employment

    Nonfarm employment grew at its strongest pace for the year in May, increasing to 1,485,800. The gain of 4,400 was the strongest monthly increase since October 2010, when 7,000 jobs were added. The good-producing sectors—construction and manufacturing—fueled most of the job growth that occurred during the month.

    Manufacturing continued to trend upward in May, adding 2,500 jobs. Both nondurable and durable goods factories reflected growth, adding 1,400 and 1,100 jobs, respectively. Leisure and hospitality posted a larger-than expected gain this month due to hiring in entertainment and recreation. Elsewhere, wholesale trade accounted for most of the monthly increase of 1,400 in trade and transportation. The beleaguered construction industry moved ahead by 1,000 as the weather improved, and other services was up 900. The job losses in May were concentrated in sectors that typically add jobs—professional and business services (-1,000) and education and health services (-1,100). Finance and government reflected smaller losses of 800 and 700, respectively.

    The state’s nonfarm employment now stands 12,400 higher than one year ago. The overall trend compared to May 2010 is positive, with most of the gains contained in leisure and hospitality, up 8,500; and manufacturing, up 5,300. Government shed 3,700 jobs over the year, with all of the decline attributable to the loss of temporary census workers. Finance declined by 1,600 jobs since last May, the most of any private sector. Information services continued to downsize in Iowa, as well as nationally, and is down 1,100 jobs for the year.

    MEDIA ALERT: An audio cut of comments about Iowa’s labor market situation is available by calling (515) 281-6057.  Statewide data for June will be released on July 22, 2011, followed by the posting of local data on July 26.

    Employment and Unemployment In Iowa, Seasonally Adjusted Data

               
           

    Change from

      May
     2011
    April
    2011
    May
     2010
    April
     2011
    May
     2010
    Civilian labor force 1,683,400 1, 684,900 1,669,900 -1,500 13,500
    Unemployment 100,900 101,600 102,100 -700 -1,200
    Unemployment rate 6.0% 6.0% 6.1% 0.0 -0.1
    Employment 1,582,500 1,583,400 1,567,800 -900 14,700
                   
    U.S. unemployment rate 9.1% 9.0% 9.6% 0.1 -0.5
               

    Nonfarm Employment In Iowa, Seasonally Adjusted Data

               
    Total nonfarm employment 1,485,800 1,481,400 1,473,400 4,400 12,400
    Mining 2,000 2,000 2,100 0 -100
    Construction 62,700 61,700 62,800 1,000 -100
    Manufacturing 205,800 203,300 200,500 2,500 5,300
    Trade, transportation and utilities 303,800 302,400 300,300 1,400 3,500
    Information 27,600 27,700 28,700 -100 -1,100
    Financial activities 99,600 100,400 101,200 -800 -1,600
    Professional and business services 123,100 124,100 121,100 -1,000 2,000
    Education and health services 214,000 215,100 213,700 -1,100 300
    Leisure and hospitality 138,200 135,900 129,700 2,300 8,500
    Other services 56,600 55,700 57,200 900 -600
    Government 252,400 253,100 256,100 -700 -3,700

     

    Unemployment Insurance Claims For Iowa

               
           

    % Change from

      May
     2011
    April
     2011
    May
     2010
    April
     2011
    May
     2010
    Initial claims 13,563 15,385 18,803 -11.8% -27.9%
    Continued claims          
         Number of claimants 33,341 42,339 43,849 -21.3% -24.0%
         Weeks paid 103,631 126,788 138,603 -18.3% -25.2%
         Amount paid $30,291,690 $38,014,738 $40,952,849 -20.3% -26.0%

     

    Visit www.iowaworkforce.org/lmi/laborforce/locallaborforce.html for county unemployment rates,
    www.iowaworkforce.org/lmi/laborforce/index.html for current and historical labor force data and
    www.iowaworkforce.org/lmi/empstat/msanonag.htm for detailed information on nonfarm employment.

    Visit www.iowaworkforce.org/trends/wages.html for information on hours and earnings and
    www.iowaworkforce.org/trends/uiclaimscomo.html to obtain a breakout of jobless benefits by county.