DES MOINES — The state’s seasonally-adjusted unemployment rate rose a tenth of a percent in October to 3.0% according to data released this morning by Iowa Workforce Development. The state’s labor force participation rate dropped a tenth of a percent to 66.2% last month.
Iowa Workforce Development director Beth Townsend says October’s report provides more indications of Iowans’ worry about the general state of the US economy in the run-up to the national election.
The number of unemployed Iowans increased to 51,000 in October from 49,400 in September. The total number of working Iowans fell by 1400 in September, and that number is 19,300 lower than a year ago.
Manufacturing and construction shed the most jobs in October, with construction being down 1800 jobs and manufacturing 1600.
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