A fourth consecutive month of declines has brought the Crawford County unemployment rate down to 4.0% in May 2012. This would be the lowest unemployment rate in the county going all the way back to the summer of 2011. According to the figures from Iowa Workforce Development, the number of people in the workforce remained steady at 9,420 while the number of people employed rose slightly to 9,050.
The state of Iowa saw its unemployment rate stay steady at 5.1%, one of the lowest unemployment rates in the country. The number of people in the labor force in the state as well as the number of people with jobs both dipped slightly in May. Of the 99 counties in Iowa, 80 saw their unemployment rates go lower, 10 were unchanged, and 9 counties saw a slight increase in joblessness.
With a November election looming, a Supreme Court ruling on Obamacare forthcoming soon, and significant federal tax increases a possibility in 2013, experts expect most companies to do very little hiring before the end of the year. The sluggishness of the job market is also reflected in the housing market with housing starts and sales also slow to show improvement in 2012.
As of June 19, 2012, Iowa Workforce Development has 250 job postings available within a 30-minute radius of Denison, slight decrease from May 30, 2012. Of these, 63 job postings are for Denison/Crawford County businesses. County-by-county unemployment information can be seen at http://www.iowaworkforce.org/lmi/laborforce/locallaborforce.html.