CORALVILLE COURIER EDITOR'S NOTE: We need to raise the minimum wage to drive down the unemployment rate, the all Democrat Johnson County Board of Supervisors told residents in 2015..... We were fed a shovel full of horse manure...
Iowa’s seasonally adjusted unemployment rate decreased to 2.8 percent for December. The state’s jobless rate was 3.5 percent one year ago. The U.S. unemployment rate remained at 4.1 percent in December for the third straight month.
"Iowa businesses finished 2017 strong, bolstering payrolls by 7,100 jobs in December. Iowa factories have added 11,700 jobs in 2017," said Beth Townsend, Iowa Workforce Development Director. "With an unemployment rate at 2.8%, Iowa must address the shortage in skilled workers. It will take all hands on deck to sustain this economic growth including support from our partners in K-12, community colleges, universities, business and industry, economic developers and non-profits - all of whom participated in writing the Future Ready Iowa strategic plan. The plan will put Iowa in a position to create and sustain the skilled workforce we need now and in the future."
The number of unemployed Iowans decreased to 47,000 in December. The current estimate is 12,000 lower than the year ago level of 59,000.
The total number of working Iowans increased to 1,637,800 in December. This figure was 200 higher than November and 3,200 higher than one year ago.
Related Story: How has the Johnson County Supervisors' minimum wage hike affected Johnson County?