Iowa Workforce Development reported Friday that July’s rate was up from 4 percent in June and has risen from 3.6 percent a year ago.
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The state’s unemployment rate climbed.3 to 4.1 percent.
Meanwhile, Mills says the unemployment rate for ME was a little better than the average for New England; but, he says, “We’re not growing quite as fast as MA or some other states, necessarily”.
The unemployment rate decreased to 10.6 percent down from a revised 10.8 percent for June 2016, and it’s above the year-ago estimate of 10.2 percent.
The state lost 26,000 total not seasonally adjusted nonfarm jobs over the month, due to typical July losses in government. Employment declined more modestly in the transportation, manufacturing, retail trade and financial activities sectors.
However, the four-week moving average rose to 265,250, an increase of 2,500 from the previous week’s figure of 262,750. Most of the contraction occurred in food services (-1,800), related in part to temporary shutdowns in school cafeterias and contract services. Professional and business services industries added 300 jobs and government jobs increased by 200.
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About 3,380 employed people reported losing their jobs in July, with the biggest reports of job loss in Eureka and Arcata, losing 680 and 580 jobs respectively. Gains occurred in all three subsectors. Jobs in educational and health services rose by 6,600.
