Department of Numbers

Waterloo-Cedar Falls, Iowa Unemployment

The BLS reported that the unemployment rate for Waterloo fell 0.2 percentage points in February 2019 to 2.5%. For the same month, the metro unemployment rate was 0.1 percentage points higher than the Iowa rate. The unemployment rate in Waterloo peaked in February 2010 at 6.2% and is now 3.7 percentage points lower. From a post peak low of 2.2% in November 2018, the unemployment rate has now grown by 0.3 percentage points. You can also compare Waterloo unemployment with unemployment in other cities.

Unemployment Rate February 2019 Month/Month Year/Year
National 3.8% -0.2 -0.3
Iowa 2.4% 0.0 -0.3
Waterloo 2.5% -0.2 -0.7
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with February 2019 data as March 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 5,723. There are now 3,496 fewer people unemployed in the metropolitan area. From a recent trough of 1,898 in November 2018, the number of unemployed has now grown by 329. Waterloo employment and jobs data (including jobs lost/gained in Waterloo, Iowa) is also available.

Unemployed Persons February 2019 Month/Month Year/Year
Waterloo 2,227 -221 -565

Number of Unemployed Persons

Waterloo, Iowa Unemployment History

Date National
Unemployment Rate
Iowa
Unemployment Rate
Waterloo
Unemployment Rate
Waterloo
Unemployed
March
2019
3.8% 2.4%
February
2019
3.8% 2.4% 2.5% 2,227
January
2019
4.0% 2.4% 2.7% 2,448
December
2018
3.9% 2.4% 2.4% 2,130
November
2018
3.7% 2.4% 2.2% 1,898
October
2018
3.8% 2.4% 2.3% 2,012
September
2018
3.7% 2.4% 2.5% 2,199
August
2018
3.8% 2.4% 2.7% 2,356
July
2018
3.9% 2.4% 2.7% 2,412
June
2018
4.0% 2.5% 2.7% 2,344
May
2018
3.8% 2.6% 2.7% 2,326
April
2018
3.9% 2.6% 2.8% 2,486

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.