Dubuque County MSA Leads Iowa in Year-Over-Year Job Growth

On September 24, 2024, Greater Dubuque Development received new labor force statistics from the Iowa Workforce Development highlighting the Dubuque County Metropolitan Statistical Area (MSA) as the top performer in year-over-year job growth among Iowa's nine major metros. From August 2023 to August 2024, the Dubuque County MSA experienced 2.2% job growth with the addition of 1,300 jobs.

Total nonfarm employment in the Dubuque County MSA now stands at 61,000, surpassing its pre-pandemic high by 800 jobs. Although total employment decreased by 200 jobs from last month, the overall year-over-year gain reflects the continued strength of the Greater Dubuque region’s labor market. The private services sector drove this growth, adding 1,400 jobs over the past year, while government employment saw an increase of 200 jobs, largely due to the hiring of 500 public school employees in August.

“Our county's sustained job growth, particularly in the private services sector, underscores the strength and resilience of the Greater Dubuque economy,” said Rick Dickinson, President & CEO of Greater Dubuque Development Corporation. “Even as we navigate workforce challenges and recent layoffs, Dubuque County continues to lead the state in creating opportunities for our residents and businesses.”

Key Highlights:

• Total Nonfarm Employment: 61,000, up 1,300 from August 2023.
• Ranked 1st in annual job growth rate among Iowa’s nine major metros.
• Employment remains 800 jobs above the pre-pandemic high of August 2019.
• Unemployment dropped to 3.3%, with 300 fewer individuals reporting as unemployed compared to last month.

The unemployment rate saw a notable monthly decline of 0.5%, higher than historical averages for this period, suggesting fewer individuals relying on unemployment benefits. As of August 2024, the number of active Unemployment Insurance recipients stands at 559, significantly below pre-pandemic levels.

Despite the positive job growth, questions remain about labor force participation, which has not recovered as rapidly as overall employment. Factors such as hybrid and remote work arrangements, an aging workforce, and potential disconnects between job seekers and employment services may contribute to these trends.

“While Dubuque County’s job growth is a clear indicator of our economic vitality, we must also focus on re-engaging workers and addressing labor force participation challenges,” added Dickinson. “Greater Dubuque Development Corporation is committed to partnering with businesses, local leaders, and educational institutions to ensure our workforce continues to thrive.”

For more information about Dubuque County’s labor market statistics, contact Nic Hockenberry, Director of Workforce Programming for Greater Dubuque Development Corporation at nicolash@greaterdubuque.org or 563-557-9049.