Unemployment Rate - Waterloo/Cedar Falls, IA MSA
3.8% - Identifies only those that have filed unemployment claims with the State of Iowa.
Source: Iowa Workforce Development, 2007.
Underemployment Rate
5.7% - Underemployment is figured by three factors 1) Inadequate hours worked 2) Mismatch of skills and 3) Low income.
Source: Cedar Valley Labor Shed Study, December 2007.
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