Waterloo-Cedar Falls, Iowa Unemployment

The BLS reported that the unemployment rate for Waterloo fell 0.2 percentage points in October 2018 to 2.3%. For the same month, the metro unemployment rate was 0.1 percentage points lower than the Iowa rate. The unemployment rate in Waterloo peaked in February 2010 at 6.2% and is now 3.9 percentage points lower. You can also compare Waterloo unemployment with unemployment in other cities.

Unemployment Rate	October 2018	Month/Month	Year/Year
National	3.7%	0.0	-0.4
Iowa	2.4%	-0.1	-0.5
Waterloo	2.3%	-0.2	-0.8

Note: Metro level data is now seasonally adjusted.¹ All comparisons are made with October 2018 data as November 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 July 2009 at 5,723. There are now 3,709 fewer people unemployed in the metropolitan area. Waterloo employment and jobs data (including jobs lost/gained in Waterloo, Iowa) is also available.

Unemployed Persons	October 2018	Month/Month	Year/Year
Waterloo	2,014	-185	-682

Number of Unemployed Persons

Waterloo, Iowa Unemployment History

Date	National Unemployment Rate	Iowa Unemployment Rate	Waterloo Unemployment Rate	Waterloo Unemployed
November 2018	3.7%	—	—	—
October 2018	3.7%	2.4%	2.3%	2,014
September 2018	3.7%	2.5%	2.5%	2,199
August 2018	3.9%	2.5%	2.7%	2,356
July 2018	3.9%	2.6%	2.7%	2,412
June 2018	4.0%	2.7%	2.7%	2,344
May 2018	3.8%	2.7%	2.7%	2,326
April 2018	3.9%	2.8%	2.8%	2,486
March 2018	4.1%	2.8%	3.0%	2,628
February 2018	4.1%	2.9%	3.2%	2,792
January 2018	4.1%	2.9%	3.2%	2,834
December 2017	4.1%	2.9%	3.2%	2,753