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FACT BRIEF

Has Iowa's unemployment rate been lower than Minnesota's so far in 2023?

By Alberto Gomez
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YES

Iowa's unemployment rate has averaged lower than Minnesota's between January and June 2023, but just slightly — by less than one-tenth of one percent.

During this six-month span, Iowa's rate has fluctuated between 2.7% and 3% for an average of 2.82%. In comparison, Minnesota's fluctuated between 2.8% and 3% for an average of 2.88%.

Both states' unemployment rates are below the national rate, which averaged 3.53% over the first half of the year.

These figures represent the seasonally adjusted unemployment rates, which take into account seasonal employment highs and lows, such educators during summer breaks.

In Minnesota as of June, urban areas with the highest (not seasonally adjusted) unemployment rates were Grand Rapids at 5.2%, Worthington at 4.2%, Bemidji at 4.1%, and Duluth with 4%. The Twin Cities metropolitan area had a 3.3% rate. Mankato-North Mankato had the lowest rate at 2.7%.
 

This fact brief is responsive to conversations such as this one.
Sources
US Bureau of Labor Statistics Economy at a Glance | Iowa
US Bureau of Labor Statistics Economy at a Glance | Minnesota
US Bureau of Labor Statistics Economy at a Glance | United States
US Bureau of Labor Statistics What is seasonal adjustment? : U.S. Bureau of Labor Statistics
Document Cloud Unemployment in Micropolitan Areas
DocumentCloud Unemployment in Metropolitan Areas
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Fact briefs are short, credibly sourced summaries that offer “yes/no” answers in response to claims found online. They rely on publicly available, often primary source data and documents. Fact briefs are created by contributors to Gigafact —a nonprofit project looking to expand participation in fact-checking and protect the democratic process. See all fact briefs here.