Experts:
May 6, 2026
Summary
Iowa lost 500 nonfarm jobs in March, with government employment falling by 200 and private-sector employment declining by 300. The BLS also revised February 2026 nonfarm employment downward by 100 jobs. Taken together, Iowa’s cumulative job growth so far in 2026 marks the weakest March print of the post-pandemic period. Over the past year, Iowa has shed 20,700 jobs (-1.3%), ranking 46th nationally in job growth rate—well below the national average of +0.2%. Despite weak nominal growth, Iowa now has the 9th-lowest unemployment rate in the nation at 3.3% and the 3rd-highest labor force participation rate at 67.7%.
Key Findings
- Iowa’s job growth rate ranks poorly over the last year. Iowa’s -1.3% nonfarm growth rate ranks 46th among all states over the last 12 months. The national average was 0.2%
- Job growth was weak in March. Iowa lost 500 total nonfarm jobs, led by professional & business services, financial activities, and manufacturing.
- Iowa has lost 2,200 jobs in the first three months of 2026, marking the weakest first quarter performance of the post-pandemic period.
- Only 3 of Iowa’s 11 job sectors grew over the last year. Education & health services, mining & logging, and construction grew, while all other sectors saw declines.
Download the report above for a PDF version of the full labor market.
RECENT/RELATED RESEARCH
The Tax Impact of Data Centers in Iowa: New Revenue for Communities, Relief for Taxpayers
Introduction Iowa’s data center sector has grown from a handful of campuses into one of the fastest-growing parts of the…
The Economic Impact of Data Centers in Iowa
Introduction Critics often argue that data centers bring large buildings and heavy power demand but few jobs, and on its…
Iowa Jobs and Labor Force Update – September 2026
Summary Iowa added 1,800 nonfarm jobs in September, with private-sector employment rising by 400 and government employment rising by 1,400.…
Inflation in the Midwest – September 2026
All the data referenced in this report come from the U.S. Bureau of Labor Statistics’ Consumer Price Index (CPI) database.…