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Iowa's Workforce | |  | | Since 1985, Iowa Area Development Group and its partners have helped create over 36,000 jobs in Iowa. | | | American industry runs like a finely tuned engine when powered by a productive work force. Iowa has a long tradition of providing a productive workforce that can be the difference business can bank on for profitable operations.
Several regions of the state have completed laborshed studies to determine labor availability for new and expanding companies. A Laborshed is defined as the area or region from which an employment center draws its commuting workers. Laborshed studies show the distribution of the workers regardless of natural or political boundaries. Laborsheds also address underemployment, the availability and willingness of current and prospective employees to change employment within the workforce, current and desired occupations, wages, hours worked and distance willing to commute to work. More about laborsheds in Iowa.
Labor Advantages
Iowa's 1.6 million workers make up a highly educated, highly skilled, motivated and productive workforce. Productivity is well above the national average in value added per worker.
Because of Iowa's productive labor force, unemployment insurance rates are among the lowest in the nation. In fact, Iowa's unemployment insurance rates are 50th nationwide. Iowa's estimated unemployment insurance cost per worker for new, non-construction employers is $173 per worker.
Here are some more surprising facts about the nation's best workforce: - Iowa ranks 2nd in the U.S. on average SAT composite scores.
The College Board 2006 - Iowa has the lowest percentage of teens who have dropped out of high school among ALL U.S. states.
Annie E. Casey Foundation 2006 - Iowa ranks 5th in the U.S. for estimated public high school gradutation rate.
Morgan Quitno Press 2006 - Iowa ranks 5th in the U.S. for number of science and engineering doctorates awarded by state per 100,000 residents.
National Science Foundation 2005 - Iowa has the 7th highest high school graduation rate among ALL U.S. states.
U.S. Census Bureau, American Community Survey 2005 - Iowa is 5th best U.S. state for e-commerce.
Progressive Policy Institute 2002 - Iowa ranks 5th in legislative quotient among ALL U.S. states.
Expansion Management 2005 - Iowa ranks 4th in state liability systems ranking among U.S. states.
Harris Interactive, Inc. 2006 - Iowa has the lowest new employer unemployment insurance rate ranking.
Various State Workforce and Labor Web Sites 2006 - Iowa is the 3rd most livable state in the U.S.
Morgan Quitno Press 2006 - Iowa has 5 quality of life quotient 5-Star Communities.
Expansion Management 2006 - Iowa is the 5th healthiest state in the U.S.
Morgan Quitno Press 2006 For more information on Iowa's Workforce, view these resources: You must have the free Adobe Acrobat software installed on your browser to view PDFs.
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