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Iowa's Economy Now (Full Program) (Episode 329)

posted on May 13, 2010 at 5:59 PM

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While key economic indicators show Iowa's economy is gaining strength, job growth continues to lag. Although Iowa's unemployment rate of 6.8 percent is well below the 9.9 percent national rate the number of Iowans unemployed rose to 114,600 statewide. But not all of Iowa suffers as high a loss of jobs. The Iowa Journal visits the town of Carroll, where the unemployment rate has dropped to 5.1 percent - the second lowest in the state. The community has helped build a diverse range of industry through strategies including the Western Iowa Advantage partnership that utilizes the strengths of an eight county region. In the studio to discuss Iowa's economic recovery are Joe Crookham, president and principal owner of Musco Lighting in Oskaloosa; Charles Sukup, president of Sukup Manufacturing Company in Sheffield and a former chair of the Iowa Association of Business and Industry; and Eric Lohmeier, co-founder and managing director of NCP, Inc. in Des Moines. (27:47)

Tags: business Carroll economy education future industry Iowa jobs news unemployment