The Iowa Department of Workforce Development’s latest report on the status of unemployment in Iowa hasn’t improved. Iowa’s unemployment rate for September 2010 held steady for the third month in a row at 6.8%. According to the department, there are approximately 113,300 Iowans without a job.
From August to September, nonfarm employment in Iowa lost a net total of 4,800 jobs. The sectors of the economy that experienced the biggest hits were government, trade/transportation and business services. If there is anything positive to take away from the latest report, it is that Iowa’s manufacturing sector showed a slight increase adding 600 jobs in the last month.
Read MoreIf one thing is clear, it is that the policies of the last four years implemented by Governor Culver and legislative Democrats have not worked. Big government spending programs are not the answer to Iowa’s ailing economy. House Republicans pledge to pass pro-growth policies like cutting taxes and burdensome red tape on Iowa employers so they have the certainty they need to invest in and expand their operations, enabling them to hire workers.
Accordingly, Speaker-Elect Kraig Paulsen announced the 84th General Assembly Committee Chairmen who will work to craft policies to enable the private sector to put Iowans back to work. The seven committees that will lead the charge to turn Iowa’s economy around are: Agriculture, Commerce, Economic Growth/Rebuild Iowa, Labor, State Government, Transportation and Ways & Means.