Iowa Unemployment Rate Drops to 3.1 % in December

Iowa Workforce Development reports the state’s unemployment rate fell from 3.8-percent in November to 3.1-percent last month. The agency’s director Beth Townsend said the drop in December’s unemployment rate, as well as the increase of an additional 23-thousand Iowans finding work, is a good sign for Iowa’s economic recovery. The number of unemployed Iowans declined by 10-thousand last month. Private employers in Iowa added 97-hundred jobs in December. The job growth was fueled 54-hundred positions added in retail. The US jobless rate was 6.7-percent in December.