Unemployment

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Idaho’s unemployment rate has plummeted seven straight months to a record low in September. The state’s unemployment rate is 2.8 percent – the lowest it’s been since the statistic started being tracked in 1976.


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Idaho's unemployment rate fell to 3 percent in July.

The Idaho Department of Labor in a news release Friday says that's the lowest level for the state since mid-2008.

The agency says nonfarm jobs grew by 4,300 with the trade, transportation and utilities sectors accounting for about 1,700 of those jobs.

Total employment in the state climbed to nearly 794,000 during the month.

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Idaho’s unemployment rate is now down to 3.5 percent.

The figure has inched south from 3.6 percent in February.

According to the Idaho Department of Labor, this is the 78th straight month with labor force gains. The total labor force participation rate in Idaho – that’s the percentage of people over 16 holding down a job or looking for work – dropped a tenth of a percent to a solid 64 percent.

Of 23,600 jobs posted online last month, 4,200 were classified as “hard to fill.” 14 percent of those hard-to-fill jobs are in the healthcare field.

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Emilie Ritter Saunders / Boise State Public Radio

Idaho employers will pay millions of dollars more than necessary in unemployment insurance taxes after a bill that was supposed to lower those costs failed on the final day of the 2017 session.

Officials from the Idaho Department of Labor and Gov. C.L. "Butch" Otter's office had pushed lawmakers to reduce a key component in how Idaho calculates the unemployment insurance tax rate because the fund Idaho uses to pay unemployment benefits has more money in it than needed.

This would have saved employers an estimated $115 million over the next three years.

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State officials say Idaho's unemployment rate has remained at 3.8 percent for the past four months.

The Idaho Department of Labor announced Friday that growth in manufacturing, education and health offset jobs shed in national resources, construction and transportation.

The agency says the state's workforce dropped by 200 to 813,000, putting the state's labor force participation rate to 64 percent. The national rate is 62.8 percent.

State officials say the number of unemployed Idaho residents is around 30,900.

Idaho's unemployment rate in July slightly bumped up from last month to 3.8 percent.

The Idaho Department of Labor in a news release Friday says continued demand for workers and an increase in people looking for work caused the rate to move from the previous 3.7 percent. The last time state's unemployment increased was in April 2015.

However, Idaho has regained its status as number one in the nation for job growth in July with nearly 23,000 more jobs.

Total employment for Idaho grew by more than 1,000 to 781,000.

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State officials say Idaho's unemployment rate in April dropped a tenth of a percent to 3.7 percent.

The Idaho Department of Labor in a news release Friday says job gains in construction, professional and business services, and education and health services helped drop the unemployment rate from the previous month.

The state agency says that based on U.S. Bureau of Labor Statistics, Idaho for the sixth consecutive month led the nation in percentage increase of jobs.

Total employment for Idaho grew by more than 1,900 to 777,780.

Idaho's unemployment rate remained at a seven-year low of 3.8 percent in April.

The Idaho Department of Labor on Friday said the number of employed people in the state increased slightly by 4,000 to set a total employment record for the state of 761,000.

The agency says the number of working-age adults with jobs or looking for jobs rose to 63.7 percent.

Officials say that's the highest level since 2013 and a sign of increased optimism about job prospects.

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Emilie Ritter Saunders / Boise State Public Radio

Idaho's unemployment rate fell to 3.8 percent in March with 5,400 workers finding jobs in the largest one-month increase on record.

The Idaho Department of Labor in a news release Friday says total employment in the state also set a record by going above 757,000 for the first time.

The agency says the state's unemployment remained at a seven-year low as businesses expanded payrolls.

The agency also says the percentage of working-age adults with jobs or looking for work rose to 63.5 percent.

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Idaho’s unemployment rate dropped in November to its lowest rate in nearly seven years, in part because the labor force is shrinking.

Idaho Department of Labor spokesman Bob Fick says November's 3.9 percent jobless rate was down two-tenths of a point from October.

“There’s usually a decline in jobs from October to November and that decline was less than in the past and there continue to be people who left the labor force,” says Fick. “So the combination of steady jobs and lower labor force was responsible for driving down the unemployment rate under four percent.”

New York Times, unemployment, jobs, men
New York Times

The New York Times reports there are nine counties in Idaho where at least 25 percent of men are not working. The report draws on data about men aged 25 to 54. The Times says they averaged data from U.S. Census Bureau American Community Surveys taken between 2009 and 2013.

Idaho's Jobless Rate Drops As The Workforce Shrinks

Sep 19, 2014
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Emilie Ritter Saunders / Boise State Public Radio

Idaho's August jobless rate ticked down a tenth of a percent after a slight increase in July. The Idaho Department of Labor reports the state's seasonally adjusted unemployment rate of 4.7 percent declined because 600 workers left the labor force, the second-straight month the workforce has shrunk.

Most workers hired in August filled vacant jobs. The Labor Department reports new hires were lower than August 2013.

Idaho's Workforce Has Shrunk More Than Most States

Aug 19, 2014
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Fewer Idahoans, nearly 6 percent, are working today than in 2007 before the Great Recession began.

State-by-state analysis of employment data, from calendar year 2007 to fiscal year 2014, show only two other states have seen a greater workforce decline among 25- to 54-year-olds.

Idaho's Jobless Rate Hits 6 Year Low

Jun 20, 2014
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Idaho’s jobless rate has dipped below 5 percent for the first time in almost six years. 

The Idaho Labor Department reports May’s seasonally adjusted jobless rate was 4.9 percent, that's as total employment grew by 1,000 jobs from April to May.

In May of 2013, nearly 50,000 Idahoans didn’t have jobs. This May, about 38,000 people were out of work.

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Molly Messick / Boise State Public Radio

Idaho's unemployment rate has dropped to its lowest point since August 2008.  It dropped a tenth of a percent in March to 5.2 percent. 

Bob Fick is with the Idaho Department of Labor. He says the March data continues a trend that started a year and a half ago.

“We’ve seen job creation at two percent to three percent over the last 18 months, while the national rate has been about 1.5, 1.6 every month, year over year," Fick says. "So we’re creating jobs at a significant pace."

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