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Unemployment Continues Downward

Iowa’s unemployment rate dropped to 6.6% in July, down from 8% in June, according to Iowa Workforce Development. The national unemployment rate was 10.2% in July. The number of unemployed Iowans dropped to 107,300. The number of Iowans who are working increased to 1,517,900. This is 11,400 higher than June. I was especially interested to note that there are 58,000 jobs posted on www.IowaWORKS.gov. Of course, it is not this simple, but if we could move 58,000 of the unemployed to those 58,000 jobs, it would knock a big hole in the number of unemployed.

Axne Votes by Proxy

In a interesting development in the U.S. House, our Representative Cindy Axne has authorized Maryland Congressman Jamie Raskin to vote for her by proxy. This can be done under a new rule passed this year by the House on a partisan vote. Of course, it is a long way from Iowa to Washington D. C., and I suppose we can understand that there are times when it is not convenient for Axne to go to Washington D.C.

People Fleeing New York

The New York Post reports that people are leaving New York City in droves. High crime rates, high taxes and poor schools are a big part of the reason. New York has eliminated the requirement of bail for many “nonviolent crimes.” People are just released on the ground that it is not fair to low income people to be required to post bail that they cannot afford, to be released. The result is crime has jumped as a number of those released commit more crimes. Also, the murder rates in New York City have jumped as they have in a number of other cities.

According to the Post, the population loss began before 2020: “Data last year, based on the 2018 Census, showed that the metro area was tops in the nation in net population loss, with 277 people leaving, on average, every day — twice the rate in 2017.” 277 per day comes to 101,105 per year.

According to the New York Mail, “Gov. Andrew Cuomo is begging wealthy New Yorkers to return to the city to save it from economic ruin while fighting off calls from other lawmakers to raise their taxes – a move he fears could permanently drive the top 1 percent out of the city.” We can expect New York and other poorly run areas, to try to get the federal government to force people living in states that are governed responsibly, to help bail them out.

Can we learn anything from what is going on in New York and other cities?

Julian Garrett

Author: Julian Garrett