Tag Archives: economic activity in Idaho

Around Idaho: Economic Activity, August 2023

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

  • Labor demand in northern Idaho remains robust, with elevated levels of unfilled jobs. There were 2,154 job postings in northern Idaho in August 2023, according to data from The Conference Board, of which 1,755 were posted in Kootenai County. The most in-demand occupation was registered nurses, followed by retail salespersons.Table: Top 10 occupations by job postings in northern Idaho, June 2023

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Labor market webinar, Aug. 8, will explore Idaho’s economic resiliency

NEWS RELEASE

For Immediate Release: Aug. 2, 2023
Media Contact: Craig,Shaul@labor.idaho.gov

“Is the U.S, headed for a recession?” has been making headlines for some time, in part from COVID-19 pandemic fallout. Inflation has slowed, which is a positive sign, but how resilient is Idaho’s economy.

Currently, unemployment in Idaho is at 2.7%, and the monthly job reports are robust and the state has seen strong GDP growth.

The Idaho Department of Labor, will explore this data during our monthly labor market webinar on Tuesday, Aug. 8 from 11 a.m. to noon (MDT) over Zoom.

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Around Idaho: Economic Activity, June 2023

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

  • Labor demand in northern Idaho remains robust, with elevated levels of unfilled jobs. All told, there were 2,292 job postings in northern Idaho in June 2023 – according to data from the Conference Board – of which 1,869 were posted in Kootenai County. The most in-demand occupations were laborers, freight, stock and material movers. These were followed by registered nurses and a variety of high-turnover and common service sector positions.Table - top 10 occupations by job postings in norhtern Idaho, June 2023

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Around Idaho: Economic Activity, May 2023

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

  • Labor demand in northern Idaho remains robust, with elevated levels of unfilled jobs. There were 1,937 job postings in northern Idaho in May 2023 – 1,545 in Kootenai County– according to data from the Conference Board. The most in-demand occupation by far was freight, stock, and material workers, followed by registered nurses and a variety of high-turnover and common service sector positions.
    Top 10 occupations by job posting in northern Idaho

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The future of broadband in Idaho

High-speed internet, or broadband internet, once seen as a luxury service, is now understood to be a critical utility that brings equitable economic opportunity to many.

Broadband not only brings social connectivity, but can raise property values, increase job opportunities, boost education access and expand health outcomes through telehealth. [1] However, the difference in access between urban and rural America continues and was especially apparent once the pandemic set in.

This gap, known as the “digital divide,” is a gap rural America is all too familiar with. From 2017-2021, rural households in Idaho have seen smaller percentage increases in internet subscriptions (1.3% fewer) and computing devices (0.5% fewer) than urban households. With the pandemic highlighting this issue to a broader audience, lawmakers are working on closing this gap, increasing economic opportunities for rural households.

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Idaho’s April unemployment rate remains at 2.6%

NEWS RELEASE

For Immediate Release: May 19, 2023
Media Contact: Craig.Shaul@labor.idaho.gov or John.Panter@labor.idaho.gov

Idaho’s seasonally adjusted unemployment rate was 2.6% in April, unchanged from March.

April’s labor force – workers who are employed or unemployed but looking for work – increased by 744 people (0.1%) to 960,758.

Idaho’s labor force participation decreased by 0.1 percentage point between March and April, dropping to 62.5%.

Total employment increased by 917 (0.1%) to 936,253 as unemployment decreased by 173 (-0.7%) to 24,505.

Idaho’s nonfarm jobs increased by 500 (0.1%) to 847,300 in April. Industry sectors with the greatest over-the-month gains include information (4.2%); natural resources (2.3%); arts, entertainment and recreation (1.4%); transportation, warehousing and utilities (0.9%); construction (0.7%); and state government (0.6%).

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Around Idaho: Economic Activity, March 2023

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

  • Labor demand in northern Idaho remains robust, with elevated levels of unfilled jobs. All told, there were 1,843 unique job postings in northern Idaho in February 2023, according to data from The Conference Board, with 1,547 posted in Kootenai County. The most in-demand occupation by far was registered nurses, followed by a variety of high-turnover and common service sector positions.

Top 10 occupations by job postings in northern Idaho, February 2023

Table: Top 10 occupations by job postings in northern Idaho, February 2023Source: Conference Board data via Lightcast (formerly EMSI-Burning Glass)

Bonner County

  • Bonner General Hospital will end its labor and delivery services in the coming months, citing physician turnover and staffing shortages as reason. In 2022, 265 babies were delivered at Bonner General. Source: Coeur d’Alene Press

Kootenai County

  • The Coeur d’Alene City Council is annexing a 440-acre parcel of county land, which will be zoned residential and commercial and developed as Coeur Terre. The development, which will be built out over multiple decades, is expected to eventually include 2,800 housing units, retail and restaurant areas, 18 acres of parks, and land for two public schools. Source: Coeur d’Alene Press
  • Several new health care facilities are under construction in Hayden. A two-story building for the future Hayden Surgery Center is now in progress, and Orthopedic Surgery and Sports Medicine is building a new location in Hayden as well. Source: Coeur d’Alene Press

Openings

  • Medical Massage, Coeur d’Alene
  • Fit Body Boot Camp, Coeur d’Alene
  • Northwest Urgent Care & Occupational Medicine, Athol
  • Quality Stoves and Spas, Post Falls
  • Toys R Us, Coeur d’Alene

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

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Around Idaho: Economic Activity, February 2023

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

Kootenai County

  • Kootenai Health is opening a new urgent care clinic in Coeur d’Alene in partnership with the MultiCare Health System’s Indigo Urgent Care network. In 2022, Kootenai Urgent Care had more than 55,000 visits across its three locations. The new clinic will help distribute the caseload and reduce wait times. Source: Coeur d’Alene Press
  • Hayden Canyon Charter school has completed a major expansion project which doubled the available space in the school. The charter school has seen a large increase in applications in recent years and has had student counts limited by available classrooms. The new expansion will increase the capacity by up to 100 incoming first and second grade students, bringing the school’s total capacity up to nearly 600 students. Source: Coeur d’Alene Press
  • North Idaho College (NIC) received a downgrade in its bond ratings from Moody’s Investor Service amid ongoing questions about the college’s accreditation status and governance ambiguity. NIC’s issuer rating was downgraded from A3 to A1, and the revenue bond rating was dropped from A3 to A2. Moody’s cited “a continuing period of significant governance and management dysfunction.” Source: Coeur d’Alene Press

Openings – Post Falls

  • North Idaho Urology
  • BoxDrop Mattress and Furniture
  • St Joseph’s Ear, Nose, Throat, and Allergy Clinic
  • Dog House Grooming
  • North Idaho Floors

Coeur d’Alene

  • Blythe Anchor
  • JIK Printshop

Hayden

    • Revival Wellness

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

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Around Idaho: Economic Activity, January 2023

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 Idaho Department of Lands purchased 18,050 acres of timberland spread around the five northern Idaho counties. The land, acquired for $50.4 million, will support state endowment beneficiaries, especially Idaho’s public schools, and boost long-term timber sales. Source: Coeur d’Alene Press

Kootenai County

  • Great Homes of Idaho is now operating in Post Falls. A builder of manufactured and modular homes, Great Homes started in Missoula and has now expanded to northern Idaho. This new supply of affordable housing is greatly desirable, with Kootenai County experiencing serious shortages of workforce housing. Source: Coeur d’Alene Press
  • The Coeur d’Alene Airport is evaluating adding a commercial terminal. The current proposal would permit Avports, an airport operations management firm based in Virginia, to construct a new terminal, which would service commercial flights connecting northern Idaho to regional locations like Boise and Seattle. A measure is currently before the Kootenai County Board of Commissioners which would approve a 25-year lease for the project. Source: Coeur d’Alene Press
  • The Hayden City Council denied a zoning amendment which would have allowed for a new subdivision to be built on the arterial Ramsey and Hayden intersection. Council members cited serious traffic concerns. The city’s capital improvement plan has already identified the intersection as a priority for improvement. Source: Coeur d’Alene Press

Openings

  • Bruchi’s, Post Falls
  • Club Pilates, Hayden
  • Parallel 47, Coeur d’Alene
  • Pizza Hut, Hayden
  • The Wellness Bar, Coeur d’Alene

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

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Around Idaho: Economic Activity, December 2022

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

Kootenai County

  • Northern Idaho ended the year with labor demand still at elevated levels amid pressing labor shortages. Job posting data from The Conference Board’s Help Wanted OnLine data series showed nearly 21,000 job postings in the Coeur d’Alene metro area in 2022 – a significant increase over past years. The year ended with over 3,500 unfilled jobs in the region.
  • A 26,000-square-foot facility for Hayden Surgery Center is under construction in Hayden. The facility will include an orthopedic urgent care, physical therapy office and an outpatient surgery center with four operating rooms. The surgery center is scheduled to open in September.

Openings

  • Bruchi’s (Post Falls)
  • Berry Bay Smoothies (Hayden)
  • Vantage Point Brewing (Coeur d’Alene)
  • Caliber Collision (Post Falls)
  • Beer One (Coeur d’Alene)
  • Milan Laser Hair Removal (Post Falls)
  • Incyte Diagnostics (Post Falls)
  • Alpine Auto & Off Road Repair (Post Falls)

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

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