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Home  >  Bankruptcy  >  Iowa’s joblessness rate improved since last year

Iowa’s joblessness rate improved since last year

Despite losing 3,300 jobs between April and May, Iowa has gained 13,400 jobs compared to this time last year, the vast majority of which are in manufacturing.

While the national unemployment rate rose slightly over last month, Iowa’s stayed about the same according to Iowa Workforce Development. Iowa is ranked seventh in the nation for joblessness, with an unemployment rate of 5.1 percent.

Nationally, Iowa was one of 18 states that did not see a change in its unemployment rate this month. A total of 14 states improved their unemployment rate, while the remaining 18 lost jobs.

Losing your job can put you in a stressful financial situation, potentially leading to bankruptcy. If you are considering filing for bankruptcy, it’s important to know which debts will be dischargeable and non-dischargeable. Contact the bankruptcy attorneys of Hong Law, PLC, to learn more.

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