In January, Iowa Workforce Development published the first annual Iowa Workforce and Economic Development Status Report. This report is centered on measuring the state’s progress in achieving Governor Branstad’s and Lieutenant Governor Reynolds’ four goals for their administration:
- 200,000 New Jobs for Iowans
- 15% Reduction in the Cost of Government
- 25% Increase in Family Incomes
B· Best Schools in the Nation
Data from a variety of sources provide insight in to Iowa’s status with regard to these goals from a number of different angles. Along with Iowa’s data, many of the measures in the report include national averages and data from benchmark states which include Kansas, Minnesota, Missouri, and Nebraska for comparison. Future years’ versions will monitor Iowa’s progress by reporting the same material with updated data. A sample of the data in the report is shown below.
- Iowa’s per capita personal income in 2010 was $38,084, compared to the national per capita personal income of $40,584.
- Iowa’s 2010 annual unemployment rate was 6.1%, compared to the national unemployment rate of 9.6%.
- Iowa’s average composite ACT score in 2011 was 22.3, compared to the national average of 21.1.
- In 2010, 24.8% of Iowa’s population 25 years or older holds a bachelor’s degree or higher, compared with the national average of 28.0%.
- Iowa’s high school freshman graduation rate for the 2008-09 school year was 85.7%, compared to the national average of 75.5%.