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Economic Development

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NOTEBOOK: ISU economist foresees reduced demand for durable goods made in Iowa

Initial unemployment claims by Iowa manufacturing employees, which peaked at nearly 16,000 in late March, have tapered somewhat but still remain the highest among all of Iowa’s industry sectors. 

For the week ending June 6, …

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New jobless benefit claims tick up slightly while continuing claims drop

The number of continuing weekly claims declined to 143,488 from the adjusted number of 152,781 the prior week. The number of initial unemployment claims filed last week totaled 8,300, up slightly from the adjusted number …

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Workforce Development receives $3.45M federal grant for registered apprenticeships

Iowa Workforce Development has been awarded $3.45 million by the U.S. Department of Labor in grant funds to help Iowa expand its registered apprenticeship program. IWD will administer the money, which will support 823 new registered apprentices …

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Iowa Leading Indicators Index slows its decline in May

A monthly index of leading indicators tracked by the Iowa Department of Revenue strongly suggests that the Iowa economy will continue to show weakness for the end of the fourth quarter of fiscal 2020 and …

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Challenges, solutions shared to bridge gaps in racial inequity

Solutions need to be found in areas such as financial inclusion, housing, education, health, employment and education if true racial equity is to be achieved in the Greater Des Moines area, organizers of the One …

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Small gains in optimism in Iowa Business Council’s Q2 Economic Outlook Survey

A survey of chief decision-makers at Iowa’s largest employers shows a slight increase in optimism, with 80% saying they plan to rehire laid-off or furloughed workers in the coming months, according to the Iowa Business …

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IWD director: Hundreds of potential ID theft cases claiming unemployment insurance benefits under investigation

Iowa Workforce Development has identified nearly $3 million in attempted fraudulent unemployment insurance claims, as well as hundreds of claims made using another’s identity during the pandemic, IWD Director Beth Townsend said last week. She …

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Kayak outfitter offering rentals at Beaver Creek access point in Johnston

A new outfitter is now offering kayak rentals at the Northwest 70th Avenue access point along Beaver Creek, which officials with the city of Johnston and the Central Iowa Water Trails Incubator say will help …

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Investor optimism sheds seven years of gains in past quarter, Wells Fargo study finds

After reaching a 20-year high in the first quarter, U.S. investor optimism tumbled in the second quarter amid mounting economic fallout from COVID-19, as indicated by a quarterly survey released Wednesday by Wells Fargo and …

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Rural bankers survey shows weak economy continues

A survey of rural bank CEOs showed a continued economic downturn in June, with one-third of those surveyed reporting shutdowns of ethanol plants in their communities, according to the recently released Creighton University Rural Mainstreet …