Department of Numbers

Waterloo-Cedar Falls, Iowa Unemployment

The BLS reported that the unemployment rate for Waterloo rose 0.2 percentage points in July 2019 to 2.7%. For the same month, the metro unemployment rate was 0.2 percentage points higher than the Iowa rate. The unemployment rate in Waterloo peaked in February 2010 at 6.2% and is now 3.5 percentage points lower. From a post peak low of 2.2% in October 2018, the unemployment rate has now grown by 0.5 percentage points. You can also compare Waterloo unemployment with unemployment in other cities.

Unemployment Rate July 2019 Month/Month Year/Year
National 3.7% 0.0 -0.2
Iowa 2.5% +0.1 +0.1
Waterloo 2.7% +0.2 +0.2
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with July 2019 data as August 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 July 2009 at 5,714. There are now 3,249 fewer people unemployed in the metropolitan area. From a recent trough of 1,995 in November 2018, the number of unemployed has now grown by 470. Waterloo employment and jobs data (including jobs lost/gained in Waterloo, Iowa) is also available.

Unemployed Persons July 2019 Month/Month Year/Year
Waterloo 2,465 +192 +228

Number of Unemployed Persons

Waterloo, Iowa Unemployment History

Date National
Unemployment Rate
Iowa
Unemployment Rate
Waterloo
Unemployment Rate
Waterloo
Unemployed
September
2019
3.5%
August
2019
3.7% 2.5%
July
2019
3.7% 2.5% 2.7% 2,465
June
2019
3.7% 2.4% 2.5% 2,273
May
2019
3.6% 2.4% 2.5% 2,233
April
2019
3.6% 2.4% 2.5% 2,212
March
2019
3.8% 2.4% 2.5% 2,213
February
2019
3.8% 2.4% 2.4% 2,179
January
2019
4.0% 2.4% 2.4% 2,174
December
2018
3.9% 2.4% 2.2% 2,002
November
2018
3.7% 2.4% 2.2% 1,995
October
2018
3.8% 2.4% 2.2% 2,004

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.