Category Archives: News Releases

Idaho’s July Unemployment Rate Unchanged at 2.9 Percent

NEWS RELEASE

For Immediate Release: Aug. 17, 2018
Information Contact:  Craig Shaul (208) 332-3570 ext. 3201 or Robert Kabel (208) 332-3570 ext. 3886

Over-the-Year Job Growth Second in Nation Behind Utah

Idaho’s seasonally adjusted unemployment rate remained at 2.9 percent in July, continuing at or below 3 percent for the 11th consecutive month.

The state’s labor force – the total number of people 16 years of age and older working or looking for work – continued to increase, gaining 1,086 people from June to July for a total of 852,714.

Total employment increased by 998 to 828,111, keeping pace with the state’s labor force growth, while the number of unemployed remained virtually unchanged at 24,603.

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Idaho Receives More than $1.1 Million for AmeriCorps Programs

NEWS RELEASE

For Immediate Release: Aug. 7, 2018
Information Contact:  Renee Bade, (208) 332-3578 ext. 4061

Serve Idaho, the Governor’s Commission on Service and Volunteerism has received a $1,164,578 grant from the Corporation for National and Community Service (CNCS) to fund Idaho AmeriCorps programs in 2018-2019. The grants will support the service of 155 AmeriCorps members statewide. AmeriCorps members give a year of intensive service on a full-time or part-time basis.

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Idaho Employment Projected to Grow at 1.4% Annually

NEWS RELEASE

For Immediate Release: Aug. 3, 2018

Information Contact: Sam Wolkenhauer (208) 332-3570 ext. 4451 and Hope Morrow (208) 332-3570 ext. 4340

New projections from the Idaho Department of Labor forecast that the state will add just over 105,000 jobs by 2026, bringing total statewide employment to approximately 841,000.

In 2016, statewide employment was 735,000. This new projection indicates expected growth of 14.4 percent for the 10-year period from 2016 to 2026, for an annual growth rate of 1.4 percent.

As high-tech industries continue to grow, STEM (science, technology, engineering and math) occupations are projected to grow faster than the rest of the labor market as a whole, at 17 percent. Within STEM fields, health occupations lead the way with a projected growth rate of 23.6 percent. STEM occupations are projected to grow by 14,000 new jobs through 2026, accounting for 14 percent of all new jobs in Idaho.

Beyond STEM, employment growth is projected to occur across a wide swathe of industries in Idaho. Service producing industries are expected to grow at 1.4 percent annually, adding 83,000 new jobs through 2026 and accounting for the bulk of Idaho’s employment growth. Goods-producing industries are projected to grow slightly slower, at 1.2 percent annually, and adding 16,000 jobs by 2026.

Idaho industries with the highest projected growth rates are concentrated in the service sector. Transportation and warehousing has the highest projected growth rate at 3.6 percent, followed by real estate and rental leasing services at 2.4 percent, and health care and social assistance at 2.1 percent. Construction is projected to grow at 1.7 percent annually, which is the highest projected growth rate among goods-producing industries.

Idaho’s expanding labor market is expected to create substantial needs in a variety of occupations. While economic growth is projected to create 105,000 new positions, the routine churn and turnover of the labor market is expected to create approximately 809,000 openings through 2026. This means that roughly 913,000 total job openings will be created in Idaho over 10 years.

The largest numbers of job openings are expected to occur in occupations with a large number of positions and with relatively high turnover rates. Office and administrative support occupations lead the way, with 134,000 projected openings through 2026, followed by food preparation and serving occupations with 114,000 openings, and sales and related occupations with 109,000 openings.

Diverse job growth in Idaho will create openings for workers with a wide variety of educational backgrounds. In 2026, roughly 38 percent of jobs in Idaho will require a high school diploma or less, while 32 percent will require some college but less than a four-year degree, such as an associate degree or occupational certification. Twenty percent proejof Idaho’s jobs will require a bachelor’s degree, while 10 percent will require a master’s degree or higher.

See more details on the labor market website.

Report Examines Future of Rural Idaho

NEWS RELEASE

For Immediate Release: July 27, 2018
Information Contact: Sam Wolkenhauer, (208) 457-8789 ext. 4451

While Idaho continues to rank among the fastest-growing states in the nation, the state’s population growth is primarily concentrated in urban areas while the population in rural areas is largely limited to people age 55 and older, according to a report released this week by the Idaho Department of Labor.

The Future of Rural Idaho examines the economic and demographic challenges facing the state’s rural areas amidst the growing gulf between rural and urban centers, which are driving forces for Idaho’s economic future.

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Idaho’s June Unemployment Rate Unchanged at 2.9 Percent

NEWS RELEASE

For Immediate Release: July 20, 2018
Information Contact: Karen Jarboe Singletary (208) 332-3570 ext. 3215 or Robert Kabel (208) 332-3570 ext. 3886

— Sixth Month in Top Two Over-the-Year Job Growth in the Nation —

Idaho’s seasonally adjusted unemployment rate remained at 2.9 percent in June, continuing at or below 3 percent for the 10th consecutive month.

The state’s labor force – the total number of people 16 years of age and older working or looking for work – continued to increase, gaining 971 people from May to June for a total of 851,599.

Total employment increased by 1,032 to 827,084, keeping pace with the state’s labor force growth, while the number of unemployed remained virtually unchanged at 24,515. Continue reading

Multi-Employer Hiring Event at Idaho Falls Labor Office Set for July 25

NEWS RELEASE

For Immediate Release: July 18, 2018
Information Contact: Paul Withers, (208) 557-2500 ext. 3559

The Idaho Department of Labor is hosting a multi-employer hiring Wednesday, July 25, from 4 – 6 p.m., at its Idaho Falls office, 1515 E. Lincoln Road. Continue reading

Idaho Age Groups Show Significant Change in 2017

NEWS RELEASE

For Immediate Release: July 10, 2018
Information Contact: Janell Hyer, (208) 332-3570 ext. 3220

The number of Idaho seniors – people age 65 and older – grew nearly 8 percent from mid-2016 to mid-2017, the highest percentage increase of all age groups. Overall the state experienced a significant population increase of nearly 37,000 or 2.2 percent across all age groups for the same time period, according to estimates recently released by the U.S. Census Bureau.

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Idaho’s Hispanic Population Grew 3.6 Percent from 2016-2017

NEWS RELEASE

For Immediate Release: June 29, 2018
Information Contact: Janell Hyer, (208) 332-3570 ext. 3220

Idaho’s Hispanic population grew 3.6 percent between mid-2016 and mid-2017, up from a 3.4 percent increase the prior year, according to recent estimates released by the U.S. Census Bureau. The total number of Hispanic residents of 215,392 accounted for 12.5 percent of the state’s population of 1,716,943.

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