News Iowa Unemployment Rate Edges Up to 6.7 Percent Posted 21 December 2009 Iowa’s seasonally adjusted unemployment rate edged up slightly to 6.7 percent in November from a revised October rate of 6.6 percent. The state’s jobless rate was 4.3 percent one year ago. The U.S. unemployment rate fell to 10.0 percent in November from 10.2 percent in October, as employers cut the smallest number of jobs since the recession began. “Iowa’s labor market continued to show signs of stabilizing with the November numbers,” said Elisabeth Buck, director of Iowa Workforce Development. “However, it will take some time before Iowa can achieve a healthy and sustainable recovery.” The statewide estimate of unemployed workers rose to 113,100 in November from 112,000 in October. The level of unemployed was reported at 72,800 for the same month one year ago. The total number of working Iowans decreased to 1,570,200 in November from 1,573,400 in October. The year ago figure of 1,604,900 was 34,700 higher than the current estimate.

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