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Iowa unemployment stays at 2.6%

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Iowa’s seasonally adjusted unemployment rate stayed at 2.6%  in November. A year ago, it stood at 2.4%. The U.S. unemployment rate fell to 3.5% in November. “Despite a slight increase in the number of individuals unemployed, the total number of Iowans working continued to increase in November,” Iowa Workforce Development Director Beth Townsend said in a statement. “Likewise, Iowa’s labor force participation rate increased as the state added 8,200 more workers than in October. In the past 12 months, Iowa has added 60,400 more Iowans into the workforce.” Townsend added that demand for skilled workers remains high. The number of unemployed Iowans increased to 46,200 in November from 45,100 in October. The November count was 5,900 higher than a year ago.