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Iowa unemployment rates drops to 6%, lowest since peak in April

(KWWL) — The Iowa Workforce Development revealed on Friday that Iowa's unemployment rate has decreased to 6 percent in August.

This is the lowest percentage since Iowa's unemployment rate peaked at 11 percent in April due to the pandemic.

According to the news release, there were 96,500 unemployed Iowans in August, which dropped from 110,300 in July.

The total number of working Iowans increased to 1,520,200 in August, which is 4,000 higher than July and 4,400 lower than April.

In comparison, the U.S. unemployment rate fell to 8.4 percent in August.

“Thankfully, Iowa’s unemployment rate has continued to decline since our peak month in April, 2020, when we saw initial claims of 157,324," Beth Townsend, Director of the Iowa Workforce Development, said. "The sustained decline shows the resilience of Iowa’s economy as we navigate the impact of the pandemic."

Townsend additionally said that over 60,000 jobs are available and employers are still trying to find a skilled workforce.

View Iowa's unemployment numbers below:

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