Founded on Oct. 1, 2010

News & Entertainment for Mason City, Clear Lake & the Entire North Iowa Region

News Archives

Cerro Gordo County unemployment rate inches up

Facebook
Tumblr
Threads
X
LinkedIn
Email

Unemployment in Cerro Gordo County jumped from a seasonally adjusted 5.9 to 6.3 percent from May to June, according to Iowa Workforce Development.

In June 2010, joblessness in the county was 6.8 percent.

Iowa’s seasonally adjusted unemployment rate for June held steady at 6.0 percent for the third consecutive month. One year ago, the state’s jobless rate was 6.1 percent.

“Iowa’s economic recovery remains on track as we move into the second half of 2011,” said Teresa Wahlert, director of Iowa Workforce Development. “The state’s unemployment rate averaged 6.0 percent for the first six months of the year compared to 9.0 percent for the nation.”

The state’s pool of unemployed persons increased to 100,900 in June from 100,500 in May. However, the number of unemployed fell by 1,500 since June 2010.

The total number of working Iowans fell to 1,576,100 in June, its lowest point for the year. The figure compared with 1,582,500 for May, and 1,566,800 for one year ago.

Meanwhile, the U.S. economy experienced a “soft patch” during second quarter that pushed the national unemployment rate to 9.2 percent in June from 9.1 percent in May.|

Facebook
Tumblr
Threads
X
LinkedIn
Email
0 0 votes
Article Rating
Subscribe
Notify of

0 LEAVE A COMMENT2!
0
Would love your thoughts, please comment.x
()
x