Unemployment Rate in Cedar Rapids, IA (MSA) was 3.80% in January of 2026, according to the United States Federal Reserve. Historically, Unemployment Rate in Cedar Rapids, IA (MSA) reached a record high of 11.90 in April of 2020 and a record low of 1.70 in November of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for Unemployment Rate in Cedar Rapids, IA (MSA) - last updated from the United States Federal Reserve on May of 2026.