Department of Numbers

Waterloo-Cedar Falls, Iowa Unemployment

The BLS reported that the unemployment rate for Waterloo fell 0.2 percentage points in November 2021 to 3.7%. For the same month, the metro unemployment rate was 0.0 percentage points lower than the Iowa rate. The unemployment rate in Waterloo peaked in April 2020 at 12.0% and is now 8.3 percentage points lower. You can also compare Waterloo unemployment with unemployment in other cities.

Unemployment Rate November 2021 Month/Month Year/Year
National 4.2% -0.4 -2.5
Iowa 3.7% -0.2 -0.2
Waterloo 3.7% -0.2 -0.6
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with November 2021 data as December 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 10,601. There are now 7,414 fewer people unemployed in the metropolitan area. Waterloo employment and jobs data (including jobs lost/gained in Waterloo, Iowa) is also available.

Unemployed Persons November 2021 Month/Month Year/Year
Waterloo 3,187 -201 -428

Number of Unemployed Persons

Waterloo, Iowa Unemployment History

Date National
Unemployment Rate
Iowa
Unemployment Rate
Waterloo
Unemployment Rate
Waterloo
Unemployed
December
2021
3.9%
November
2021
4.2% 3.7% 3.7% 3,187
October
2021
4.6% 3.9% 3.9% 3,388
September
2021
4.7% 4.0% 4.1% 3,528
August
2021
5.2% 4.1% 4.3% 3,710
July
2021
5.4% 4.1% 4.4% 3,743
June
2021
5.9% 4.0% 4.4% 3,737
May
2021
5.8% 3.9% 4.3% 3,621
April
2021
6.0% 3.8% 4.2% 3,570
March
2021
6.0% 3.7% 4.3% 3,610
February
2021
6.2% 3.7% 4.5% 3,767
January
2021
6.4% 3.6% 4.7% 3,977

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.