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Iowa’s seasonally adjusted unemployment rate increased to 3 percent in October amid job cuts in manufacturing and construction.
Meanwhile, the state’s labor force participation rate ticked down by one-tenth of one percent to 66-point-2 percent last month, and the U-S unemployment rate remained at 4-point-1 percent in October.
The number of unemployed Iowans increased to 51-thousand in October from 49,400 in September. The total number of working Iowans fell to 1,633,200 in October.
This figure is 14-hundred lower than September and 19,300 lower than one year ago.
For the full press release, click here.