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Economic Development

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Unemployment payments delayed

A systems processing error led to a delay in unemployment benefits for Iowans. The state is working on the issue. Iowa Workforce Development Director Beth Townsend said she learned Tuesday that Thursday’s payments would be …

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IEDA, IFA send $2M to Marshalltown for disaster recovery

The Iowa Economic Development Authority and the Iowa Finance Authority will provide a combined $2 million for Marshalltown’s recovery efforts following last year’s tornado. Commercial and residential properties are eligible for the funding, which is for redevelopment, rehabilitation or …

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Ernst proposes paid parental leave bill

Iowa U.S. Sen. Joni Ernst proposed new parental leave legislation Tuesday that would let new parents take paid time off to care for their children by delaying retirement, the Des Moines Register reported. Ernst and Utah Sen. Mike …

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State unemployment rate was 2.4% in January

Iowa’s seasonally adjusted unemployment rate remained at 2.4 percent in January, Iowa Workforce Development said. The state’s jobless rate was 2.8 percent one year ago. The U.S. unemployment rate rose to 4 percent in January. …

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Site Selection Magazine names D.M., Ames top metros

Site Selection magazine, an economic development journal, named Greater Des Moines the second-best metro in 2018 among cities with populations of 200,000 to 1 million, up from 10th the year before. Omaha-Council Bluffs stayed at first. The …

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Branstad more optimistic on China trade deal, but wary of previous ‘cheating’

U.S. Ambassador Terry Branstad said he is more optimistic now that a trade deal with China can be sealed, but he and other U.S. officials continue to be concerned about the communist nation’s failure to …

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Plans unveiled for $72 million city center project in Hiawatha

Corridor Business Journal: Plans for a $72 million project that will form a new city center for Hiawatha reached fruition Wednesday when the Hiawatha City Council approved the sale of a 12-acre site near City Hall. …

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Ames chamber hires workforce coordinator

The Ames Chamber of Commerce and Economic Development Commission have hired Allee Wengert as their first workforce development coordinator. The position was added after members listed workforce as a top challenge. Wengert will coordinate the …

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SBA backed loans for nearly $1M in February

The U.S. Small Business Administration backed 14 private loans for Central Iowa businesses that borrowed a combined $966,700 in February. 

The businesses planned to create nine jobs and retain 36.

Among the bigger loans was …

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Global Gridlock

The next few years will be critical to Iowa’s solid but perhaps underdeveloped export markets, and to shoring up international relations, export watchers said.
“The international markets are crucial to Iowa,” said Peggy Kerr, the …