Waterloo-Cedar Falls, Iowa Unemployment

The BLS reported that the unemployment rate for Waterloo fell 0.4 percentage points in May 2020 to 11.2%. For the same month, the metro unemployment rate was 1.0 percentage points higher than the Iowa rate. The unemployment rate in Waterloo peaked in April 2020 at 11.6% and is now 0.4 percentage points lower. You can also compare Waterloo unemployment with unemployment in other cities.

Unemployment Rate	May 2020	Month/Month	Year/Year
National	13.3%	-1.4	+9.7
Iowa	10.2%	-0.8	+7.5
Waterloo	11.2%	-0.4	+8.4

Note: Metro level data is now seasonally adjusted.¹ All comparisons are made with May 2020 data as June metro level unemployment data has not yet been released.

Unemployment Rate: Waterloo, Iowa, National

Note: Recessions shown in gray.

Waterloo, Iowa Unemployed

The number of people unemployed in Waterloo peaked in April 2020 at 10,527. There are now 445 fewer people unemployed in the metropolitan area. Waterloo employment and jobs data (including jobs lost/gained in Waterloo, Iowa) is also available.

Unemployed Persons	May 2020	Month/Month	Year/Year
Waterloo	10,082	-445	+7,515

Number of Unemployed Persons

Waterloo, Iowa Unemployment History

Date	National Unemployment Rate	Iowa Unemployment Rate	Waterloo Unemployment Rate	Waterloo Unemployed
June 2020	11.1%	8.0%	—	—
May 2020	13.3%	10.2%	11.2%	10,082
April 2020	14.7%	11.0%	11.6%	10,527
March 2020	4.4%	3.3%	3.7%	3,318
February 2020	3.5%	2.8%	3.5%	3,183
January 2020	3.6%	2.8%	3.3%	2,983
December 2019	3.5%	2.8%	3.3%	3,016
November 2019	3.5%	2.8%	3.2%	2,934
October 2019	3.6%	2.8%	3.1%	2,809
September 2019	3.5%	2.8%	2.9%	2,629
August 2019	3.7%	2.8%	3.5%	3,230
July 2019	3.7%	2.7%	3.5%	3,194