Cedar Rapids, Iowa Unemployment
The BLS reported that the unemployment rate for Cedar Rapids rose 0.1 percentage points in November 2023 to 3.8%. For the same month, the metro unemployment rate was 0.5 percentage points higher than the Iowa rate. The unemployment rate in Cedar Rapids peaked in April 2020 at 12.4% and is now 8.6 percentage points lower. From a post peak low of 2.7% in February 2022, the unemployment rate has now grown by 1.1 percentage points. You can also compare Cedar Rapids unemployment with unemployment in other cities.
| Unemployment Rate | November 2023 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.7% | -0.1 | +0.1 |
| Iowa | 3.3% | +0.1 | +0.2 |
| Cedar Rapids | 3.8% | +0.1 | +0.6 |
Unemployment Rate: Cedar Rapids, Iowa, National
Note: Recessions shown in gray.
Cedar Rapids, Iowa Unemployed
The number of people unemployed in Cedar Rapids peaked in April 2020 at 17,959. There are now 12,476 fewer people unemployed in the metropolitan area. From a recent trough of 3,910 in February 2022, the number of unemployed has now grown by 1,573. Cedar Rapids employment and jobs data (including jobs lost/gained in Cedar Rapids, Iowa) is also available.
| Unemployed Persons | November 2023 | Month/Month | Year/Year |
|---|---|---|---|
| Cedar Rapids | 5,483 | -4 | +784 |
Number of Unemployed Persons
Cedar Rapids, Iowa Unemployment History
| Date | National Unemployment Rate |
Iowa Unemployment Rate |
Cedar Rapids Unemployment Rate |
Cedar Rapids Unemployed |
|---|---|---|---|---|
| December 2023 |
3.7% | — | — | — |
| November 2023 |
3.7% | 3.3% | 3.8% | 5,483 |
| October 2023 |
3.8% | 3.2% | 3.7% | 5,487 |
| September 2023 |
3.8% | 3.0% | 3.7% | 5,361 |
| August 2023 |
3.8% | 2.9% | 3.6% | 5,253 |
| July 2023 |
3.5% | 2.7% | 3.3% | 4,902 |
| June 2023 |
3.6% | 2.7% | 3.3% | 4,781 |
| May 2023 |
3.7% | 2.7% | 3.2% | 4,673 |
| April 2023 |
3.4% | 2.7% | 3.1% | 4,588 |
| March 2023 |
3.5% | 2.8% | 3.2% | 4,627 |
| February 2023 |
3.6% | 2.9% | 3.2% | 4,661 |
| January 2023 |
3.4% | 3.0% | 3.2% | 4,660 |
1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers. ↩
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