NEWS RELEASE
For Immediate Release: June 21, 2024
Media Contact: William.Winkle@labor.idaho.gov or Craig.Shaul@labor.idaho.gov
– State first in nation for over-the-month nonfarm job growth at 0.9% –
Idaho’s seasonally adjusted unemployment rate was 3.3% in May, unchanged since September 2023.
The state’s labor force increased by 1,679 people (0.2%) to 975,713 while the labor force participation rate — the percentage of people 16 years of age or older who are either employed or looking for work — remained at 62.7% between April and May.
Total employment increased by 1,363 (0.1%) to 943,123 as unemployment increased by 316 (1%) to 32,590.
Idaho’s nonfarm jobs increased by 7,600 (0.9%) to 871,000 in May — the largest percentage change among all states. Industry sectors with the greatest over-the-month increases included arts, entertainment, and recreation (10.4%); transportation, warehousing, and utilities (3%); private educational services (2.9%); state government (1.5%); wholesale trade (1.4%); professional and business services (1.2%); durable goods manufacturing (0.9%); health care and social services (0.9%); real estate rental and leasing (0.9%); and construction (0.7%). Continue reading →