United Group Insurance

May unemployment unchanged from April

News

June 20th, 2024 by Ric Hanson

(Radio Iowa) – The jobs numbers are out for May and Iowa Workforce Development director, Beth Townsend, says they are positive.

She says there was some growth in jobs.

Townsend says there are some issues on the horizon.

She says the Tyson closing in Perry and the other announced layoffs will start to show up in the June and July unemployment numbers. But she says the job conditions remain very good for the works impacted by those company moves.

Townsend is confident in the I-W-D process.

Unemployment rose above three percent at the end of 2023 and has been moving down slightly since the start of the new year. The May rate this year is the same as one year ago.