Department of Numbers

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

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 3,709 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

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.