Department of Numbers

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

Waterloo, Iowa monthly unemployment rate chart

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

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.