Category Archives: Employment News

Idaho’s Cybersecurity Jobs Increase 160% since 2015

Despite the nationwide pandemic, the number of cybersecurity job openings in Idaho saw a 28% increase in 2020 with an estimated 1,200 available postings through the course of the year. Since 2015, openings for cybersecurity jobs have grown by 160%, sustained by accelerating demand across multiple industry sectors. Nationwide, job postings rose to more than 350,000 in 2020.

* Job postings have been filtered to reflect computer/math occupations with job postings that request cybersecurity skills as determined from the Burning Glass skills taxonomy.

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Around Idaho: Economic Activity in March 2021

Information provided in these news updates is from professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North Central Idaho
Southwestern Idaho
South Central Idaho
Southeastern
Eastern Idaho

 

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone counties

Region

  • The Panhandle Health District has opened COVID-19 vaccine eligibility to all persons 16 and older. To date, the health district has administered roughly 90,000 doses, or 85% of its 106,000 distributed doses. Source: Coeur d’Alene Press
  • Amid falling COVID-19 case counts and dropping test positivity rates, Panhandle Health District has rescinded the masking mandate for the five northern counties. Source: Coeur d’Alene Press

Kootenai County

  • The Idaho Transportation Department has begun a multiyear improvement project on State Route 41 between Post Falls and Rathdrum. The work will include widening the highway with additional lanes and a median, as well as safety improvements including bridges over railroad crossings and new traffic signals. The $131 million multiphase project is slated for completion in 2023. Source: Journal of Business
  • Construction has begun on the Atlas Mill site in Coeur d’Alene. The first phase of work on the mixed residential and commercial redevelopment will include 30 single family homes, 24 townhomes and 150 multifamily units. Two more construction phases will subsequently add additional residential, retail and office space. Source: Journal of Business
  • J.C. Penny announced it will close its store in the Silver Lake Mall in Coeur d’Alene. This pending closure will shutter the last J.C. Penny in northern Idaho, following the closure of stores in Lewiston, Moscow and Ponderay. Source: Spokesman Review

Openings

Coeur d’Alene

  • Pilates by the Lake
  • EdgeTek
  • Five Pine Wealth Management
  • Pantry Specialty Market

Hayden

  • American Kickboxing Academy
  • Auction Depot
  • Thompson’s Custom Orthopedics & Prosthetics

Post Falls

    • Artesian Bottleless Water
    • NW Group Auto Sales

Sam.Wolkenhauer@labor.idaho.gov, regional economist
Idaho Department of Labor
(208) 457-8789 ext. 4451

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Idaho Beef Industry Showing Marked Recovery

The beef life cycle is one of the most complex of any food, taking anywhere from two to three years to bring beef from farm to fork. This process involves multiple stakeholders, beginning with farmers and ranchers and ending with packing plant workers. Traditionally, the U.S. beef industry has been comprised of three main sectors ‒ cattle production, feedlots and meat processing. The packing sector is the primary driving factor in the beef industry’s vertical supply chain. The packers are the market outlet for the feeding sector and in turn, the feedlots are the primary market outlet for the cow-calf producers.

An overview of Idaho’s beef industry shows the cattle production sector’s total cow-calf inventory has grown slightly faster than the national average. A 2019 January industry snapshot shows Idaho’s cattle inventory stood at 2.5 million cows and calves, raised across 7,400 farm operations. This inventory comprised 504,000 beef cows that had calved and 625,000 milk cows that had calved. About 48% of this inventory was in south central Idaho, which has a competitive cattle production advantage in forage and crop aftermath grazing resources compared with the rest of the state.

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Around Idaho: Economic Activity in February 2021

Information provided in this article is from professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North Central Idaho
Southwestern Idaho
South Central Idaho
Southeastern
Eastern Idaho

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone counties

Region

  • The Panhandle Health District board voted by a 4-3 decision to extend the mask mandate for all five northern counties. The mandate will now remain in effect until the next board meeting, currently scheduled for April 22. Source: KREM

Kootenai County

  • Housing inventories in Kootenai County continue to drop due to high demand and aggressive offers by out-of-state buyers looking to move to northern Idaho. Inventory of homes below $1 million fell to only 27 in early February, with median prices up more than 30% from 2020. Source: Spokesman Review
  • Community Network Libraries, which have been closed since November due to COVID-19, have reopened with social distancing and occupancy regulations in effect. Source: Coeur d’ Alene Press
  • Dollar Fulfillment, a Hayden based e-commerce fulfillment company, has purchased several acres in the Post Falls Bighorn industrial park and is planning a future expansion there. Source: Journal of Business
  • Heritage Health is now partnering with the Kroc Center in Coeur d’Alene to distribute COVID-19 vaccines. Source: Coeur d’ Alene Press

Openings

  • Leavitt Works Gunsmithing in Hayden
  • Westside Pizza in Coeur d’Alene
  • Maverick Gas Station in Post Falls
  • Timberlane Trading Company in Coeur d’Alene

Sam.Wolkenhauer@labor.idaho.gov, regional economist
Idaho Department of Labor
(208) 457-8789 ext 4451

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Dearth of Skilled Workers Continues to Plague Employers

Despite the amount of unemployment created by the pandemic, the scarcity of skilled workers is growing more intense. Some industries have suffered more than others, however for people who are unemployed or pondering a transition to a skilled job with more security and higher pay – or need funding support for training – it’s a job seeker’s market.

A Divergence of Industries

Idaho and the nation were experiencing one of the longest periods of expansion in history prior to 2020. Finding skilled workers available to fill jobs had been a challenge for several years. Demographics and population growth limited the number of new people available to work. Hot industries were caught between increasing demand for services from the growing economy, and not having enough available workers to fill positions for skilled or unskilled workers. Government labor and training agencies were busy using pipeline training programs and apprenticeships to connect employers with workers.

In addition to the tragic loss of life, the economic disruption caused in the United States by Covid-19 has not been the same for each industry. The large number of job losses during 2020 were most concentrated in hospitality and consumer services – industries the pandemic impacted the most. Occupations most affected by layoffs tended to pay lower-than-average wages, resulting in the emergence of what some economists have dubbed the K-Shaped Recession. Figure 1 attempts to demonstrate this divergence of experience by lining out national wage experience into three categories or terciles.

Workers earning less than $16 per hour have endured more unemployment during the pandemic than occupations paying more $16 or more.

Figure 1: U.S. Job Losses by Wage Tercile

Source: Economic Policy Institute

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Around Idaho: Economic Activity in January 2021

Information provided in this article is from professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North Central Idaho
Southwestern Idaho
South Central Idaho
Southeastern Idaho
Eastern Idaho

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone counties

Kootenai County

  • The Idaho Division of Veteran Services plans to proceed with construction of a 64-room home for veterans in Post Falls. The 83,000-square-foot skilled nursing facility is slated for completion in 2022. It will be Idaho’s fourth veterans home and the first in northern Idaho. Source: Journal of Business
  • Redevelopment of the former Atlas Mill site in Coeur d’Alene is underway, with the first phase now scheduled for the first half of 2021 to include a mix of housing. The first development phase includes 24 townhomes, 54 single family homes and 93 multifamily units along with a mix of retail and office space. Altogether, this first phase of construction will use four of the Atlas Mill site’s 13 development plats. Source: Journal of Business
  • Kenworth Trucks is planning to build a new facility in Post Falls to offer parts, sales, service and leasing. Source: Coeur d’Alene Press

Openings
Post Falls

  • Maverick Gas Station
  • Neighbors-N-Need
  • Olive’s Pastry
  • Dirt Kart

Coeur d’Alene

  • Linden Coffee Company
  • Panhandle Cone & Coffee
  • Once Upon A Fairytale
  • TK Lighting Design
  • Ziply Fiber Services
  • Becky’s Sewing Center
  • Ventura Stone

Dalton Gardens

  • SuperSprings International

Sam.Wolkenhauer@labor.idaho.gov, regional economist
Idaho Department of Labor
(208) 457-8789 ext 4451
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Idaho Rebound Continues as One of Fastest in Country

December’s economic data showed that Idaho continued to progress in what has become one of the fastest economic recoveries in the country, following the economic shock of the COVID pandemic in the spring months of 2020. Idaho’s nonfarm jobs continued their recovery and are now slightly above the breakeven point for the year, with total nonfarm jobs now exceeding the totals reached in December 2019.

Nonfarm Jobs

Idaho’s total nonfarm jobs grew by 4,900 (0.6%) to 773,700 for December 2020. Substantial gains in trade, transportation and utilities (+2,400) as well as leisure and hospitality (+1,800) drove the increases, although most of Idaho’s major sectors enjoyed gains in December.

Job Growth Chart

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A Closer Look at Idaho’s Financial Activities Sector in the Past Decade

The economic slowdown following the initial COVID-19 pandemic effects drove many industries to lose jobs temporarily – and some permanently – across Idaho and the United States. Idaho had been in the midst of a growth streak pre-pandemic, with a 2.5 percent unemployment rate in March. But shortly after, Idaho’s employment dropped nearly 10 percent from March to April – from roughly 873,000 jobs to 789,000. The impact, however, was not equally damaging across all industries. Some industries such as financial activities and construction have had over-the-year growth at a much higher rate than the nation. Nationally, employment within the financial activities industry declined.

To determine possible reasons for this disparity, the Idaho Department of Labor conducted a shift-share analysis over a 10-year period to isolate the effects of changing employment among financial sectors.

Find the research report on the Department of Labor website.

– Idaho Department of Labor

Around Idaho: Economic Activity in December 2020

Information provided in these news updates is from professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North Central Idaho
Southwestern Idaho
South Central Idaho
Southeastern Idaho
Eastern Idaho

 

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone Counties

Kootenai County

  • MetalQuest Unlimited, a precision machine manufacturer based in Nebraska, has chosen Post Falls for its new manufacturing facility. The company, which specializes in precision production for clients in oil, agriculture and firearms manufacturing, expects to begin production at its new Post Falls facility by the end of January, with roughly 25 employees at first. Source: Coeur d’Alene Press
  • Health care providers in Kootenai County have received the first batches of COVID-19 vaccine and have begun vaccinating frontline medical staff. Source: Coeur d’Alene Press
  • The JC Penny in the Silver Lake Mall is now slated to close in the spring after being included in the company’s recent list of planned store closures. The store had been an anchor tenant of the Silver Lake Mall and was the last remaining JC Penny in North Idaho following the previous closures of stores in Lewiston and Ponderay. Source: Coeur d’Alene Press
  • The Post Falls City Council approved the purchase of a $415,000 parcel of riverfront property, which was the final privately held plot in the Post Falls Water Treatment Facility’s easement to the Spokane River. The parcel is expected to be acquired in anticipation of a future expansion of the city’s wastewater treatment capacity. Source: Coeur d’Alene Press

OPENINGS

Coeur d’Alene

  • Boho West
  • Daybreak Coffee
  • Sushi I
  • CK Barrel Room
  • 208Nutrition
  • 208Massage
  • Inland Northwest Veterinary Dentistry & Oral Surgery

Hayden

  • American Kickboxing Academy.
  • MiQuelle’s Natural Bath.
  • Mode Salon.

Post Falls

  • Family Dollar.
  • Jitterz Espresso.
  • Hardwick & Sons Hardware.

Sam.Wolkenhauer@labor.idaho.gov, regional economist
Idaho Department of Labor
(208) 457-8789 ext. 4451

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Around Idaho: Economic Activity in November 2020

Information provided in these news updates is from professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North Central Idaho
Southwestern Idaho
South Central Idaho
Southeastern Idaho
Eastern Idaho

 

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone Counties

Region

  • The Panhandle Health District approved a mask mandate for all five northern counties, effective for 60 days. All five counties are currently in the “red” category for COVID cases, with high test positive rates and hospitals nearing or at full capacity. Source: Coeur d’Alene Press

Kootenai County

  • Northwest Specialty Hospital has terminated an agreement with MultiCare Health System, which would have allowed MultiCare to become the majority owner of the hospital. Northwest Specialty will instead enter into a new agreement with Mountain View Hospital of Idaho Falls which will allow Northwest Specialty to remain physician-owned and operated. Source: Journal of Business
  • The city of Post Falls adopted a city-wide mask recommendation and a mask requirement on city property. The city also has begun revising guidelines to reduce occupancy at city facilities to align with Idaho’s movement back to Stage 2 COVID requirements. Source: Coeur d’Alene Press

Openings Coeur d’Alene

  • University Auto Sales
  • Pho Le 1
  • Starbucks
  • See’s Candies
  • Budget Storage
  • Five Pine Wealth Management

Openings – Post Falls

  • Premier Vendor Mall
  • UPS
  • Riverside Coffee
  • Mugsy’s Espresso

Sam.Wolkenhauer@labor.idaho.gov, regional economist
Idaho Department of Labor
(208) 457-8789 ext. 4451

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