Iowa Unemployment Rate Into Double Digits

Iowa Workforce Development says Iowa’s unemployment rate soared to 10.2% in April, reflecting the economic costs of efforts to slow the spread of the coronavirus. Iowa had one of the nation’s lowest unemployment rates, but it rose to 3.3% in March and then roughly tripled in April. The national unemployment rate for April was 14.7%. The director of Iowa Workforce Development, Beth Townsend, said she was hopeful that as Governor Kim Reynolds ends restrictions on businesses and gatherings that were intended to prevent outbreaks, the economy will quickly improve.