IOWA’S UNEMPLOYMENT RATE FOR MAY REMAINED AT TWO-POINT-SEVEN PERCENT.
WORKFORCE DEVELOPMENT DIRECTOR BETH TOWNSEND SAYS JOB LOSSES WERE OFFSET BY MORE WORKERS JOINING THE LABOR FORCE.
JOBS1 OC……FINDING JOBS” :17
THE LABOR FORCE PARTICIPATION RATE MOVED UP TO 68-POINT-FIVE PERCENT IN MAY, GETTING CLOSER TO THE 69 PERCENT RATE BEFORE THE PANDEMIC.
TOTAL NON-FARM EMPLOYMENT DID DROP BY 200 JOBS IN MAY, WITH MANUFACTURING LOSING 14-HUNDRED JOBS.
JOBS2 OC……BE RELATED TO THAT” :13
TOWNSEND SAYS THERE WAS ONE MANUFACTURING AREA THAT SAW THE BULK OF THE LOSSES.
THEY APPEARED TO BE RELATED PRIMARILY TO ANIMAL SLAUGHTERING AND PROCESSING.
RETAIL TRADE SAW A LOSS OF 900 JOBS, BREAKING A STRING OF FIVE CONSECUTIVE INCREASES THAT SAW 33-HUNDRED JOBS ADDED SINCE NOVEMBER.
TOWNSEND SAYS THEY WILL KEEP AN EYE ON THE RETAIL AND MANUFACTURING SECTORS.
JOBS3 OC………THE WORKFORCE” :14
THE NATIONAL UNEMPLOYMENT RATE ROSE TO THREE-POINT-SEVEN PERCENT IN MAY.
