Department of Numbers

Waterloo-Cedar Falls, Iowa Unemployment

The BLS reported that the unemployment rate for Waterloo fell 0.1 percentage points in August 2021 to 4.3%. 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 April 2020 at 12.0% and is now 7.7 percentage points lower. From a post peak low of 4.1% in October 2020, the unemployment rate has now grown by 0.2 percentage points. You can also compare Waterloo unemployment with unemployment in other cities.

Unemployment Rate August 2021 Month/Month Year/Year
National 5.2% -0.2 -3.2
Iowa 4.1% 0.0 -1.2
Waterloo 4.3% -0.1 -1.1
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with August 2021 data as September 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 6,899 fewer people unemployed in the metropolitan area. From a recent trough of 3,429 in December 2020, the number of unemployed has now grown by 273. Waterloo employment and jobs data (including jobs lost/gained in Waterloo, Iowa) is also available.

Unemployed Persons August 2021 Month/Month Year/Year
Waterloo 3,702 -41 -1,009

Number of Unemployed Persons

Waterloo, Iowa Unemployment History

Date National
Unemployment Rate
Iowa
Unemployment Rate
Waterloo
Unemployment Rate
Waterloo
Unemployed
September
2021
4.8%
August
2021
5.2% 4.1% 4.3% 3,702
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
6.1% 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
6.3% 3.6% 4.7% 3,977
December
2020
6.7% 3.7% 4.1% 3,429
November
2020
6.7% 3.9% 4.3% 3,615
October
2020
6.9% 4.2% 4.1% 3,446

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.