Iowa's unemployment rate steady at 3.1 percent

Iowa's unemployment rate steady at 3.1 percent

Iowa's unemployment rate steady at 3.1 percent

"We gained employment. That's one of the good stories of the month", Lynn Gray, the director of economic research and analysis at the Oklahoma Employment Security Commission, said Friday. The number of unemployed Iowans increased to 52,900 in May.

Statewide, the unemployment rate last month was 4.7 percent, down from 4.8 percent in April, according to the EDD.

"We have more work to do matching those seeking work with the almost 63,000 jobs available across the state", Stanton stated.

Over the a year ago, the local economy has added 2,800 jobs, boosting countywide employment to a record 211,700.

Three sectors reported job declines.

Indiana's unemployment rate remains below the national average of 4.3 percent and is the lowest among the surrounding states.

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Oklahoma's unemployment rate remains stable. The manufacturing sector lost an estimated 1,300 jobs and the construction industry lost 700 jobs. Most sectors lost jobs compared to the same month past year, but health care and leisure and hospitality gained.

The nationwide unemployment rate in May was 4.3 percent.

Two sectors recorded month-over job losses: educational and health services (down 800) and construction (down 100).

"Nebraska continues to see a steady increase in job growth", state Labor Commissioner John Albin said.

In the city of Decatur the unemployment rate dropped slightly from 4.1 percent to 4.0 percent April to May.

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