Iowa — The state’s historically low unemployment rate held at 2.4% in November and Iowa Workforce Development spokesman, Cory Kelly, says the state now is at the top for lowest rate.
The last time Iowa had the lowest unemployment rate in the country was March of 2000 when it tied with South Dakota and Virginia. The number of unemployed Iowans decreased to 40,600 in November from 41,200 in October. The national unemployment rate held at 3.7% in November. Kelly says any job losses in November were offset by the gains.
He says manufacturing gained 1,100 jobs in the month.
The November unemployment rate this year is down a half a percent compared to last year.
Leisure and hospitality continues to be an area that is seeing losses in jobs.
The number of working Iowans increased by 1,900 compared to October and is 23,300 higher than one year ago.
