Iowa unemployment rate drops for third-straight month to 4.0 percent in March



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DES MOINES, Iowa — A state report released Tuesday shows Iowa's unemployment rate dropped for the third-straight month this year, down to 4.0 percent in March.

Iowa Workforce Development data shows the rate improves upon February's 4.1 percent and the March 2014 rate of 4.4 percent. It is also under last month's national average of 5.5 percent.

Iowa lists approximately 1.65 million people as employed in the state, 600 more than in February and 25,500 higher than last year. The report also shows the education and health services sector posted the most job gains in March with an increase of 2,300.

Agency director Beth Townshend says consistent growth in Iowa's nonfarm workforce shows such employment has expanded to an all-time state high, boosting the overall number of nonfarm jobs to about 1.57 million.

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