Tag Archives: economic activity in Idaho

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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Around Idaho: Economic Activity, November 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

Bonner County

  • BNSF Railways opened its Sandpoint Junction Connector bridge nearly a year ahead of schedule and began running traffic across the bridge. The new bridge adds a second line across Lake Pend Oreille, addressing a critical transit bottleneck where multiple lines converge before crossing the lake. Source: CDA Press

Kootenai County

  • A new preschool is under construction in Coeur d’Alene. Phase one construction of the Kinder Prep Learning Center is underway with a spring opening planned. The preschool will care for children ages 18 months to 5 years old. Kootenai County currently has substantial shortages of childcare availability. Source: CDA Press
  • A 20,000-square-foot professional building is under construction in Coeur d’Alene. The Prairie Professional building will offer suite sizes ranging from 2,200 to 10,000 square feet. The project is slated for completion in December 2023. Source: CDA Press
  • The city of Coeur d’Alene is exploring grant options to help pay for new mooring docks at the city’s popular Third Street docks. The current docks were installed in 2000 and have cost the city nearly $100,000 in repairs due to rotting timbers. The city Parks and Recreation Department is exploring a $500,000 project to replace the current timber docks with composite materials. Source: CDA Press

Openings

  • UPS Office Center (Hayden)
  • Rivaura CDA Tasting Room (Coeur d’Alene)
  • Uncorked with Friends (Hayden)
  • HomeTown Family Chiropractic (Coeur d’Alene)
  • Northwest Crafters (Coeur d’Alene)
  • Cochinito Taqueria (Hayden)
  • Burger Dock (Coeur d’Alene)

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

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Around Idaho: Economic Activity, September 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

  • A 27,000-square-foot surgical facility is being built in Hayden. The Hayden Surgery Center will provide outpatient and orthopedic surgery, physical therapy and minor emergency services. Source: Journal of Business
  • North Idaho College’s Dental Hygiene program opened a new community dental clinic on the college’s main campus. The clinic will offer low-cost dental cleanings while helping dental hygiene students complete their clinicals to become register hygienists. Source: Coeur d’Alene Press
  • The North Idaho State Fair concluded its 10-day run with a record attendance. The fair saw 168,567 guests – a 9% increase from attendance in 2021. Source: Coeur d’Alene Press

Openings

  • Valvoline Instant Oil Change, Coeur d’Alene
  • Bottle Joy, Coeur d’Alene
  • Little Bear Tattoo, Coeur d’Alene
  • Lucy & Sevens Pizzeria, Coeur d’Alene
  • Uncorked With Friends, Hayden
  • Dent Viking, Post Falls
  • North Idaho Rock School, Rathdrum

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

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Around Idaho: Economic Activity, August 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

  • The city of Coeur d’Alene is evaluating proposals to strengthen laws against short-term rentals, including civil penalties and dedicated enforcement. The city’s general services and public works committee cites the city’s well established housing crisis and severe shortage of available for-rent and for-sale homes as the need for these proposals. The committee seeks to curb the conversion of long-term rental properties to short-term rentals to combat the housing shortage. Source: Coeur d’Alene Press
  • Work has begun on a major Idaho Transportation Department (ITD) project to replace and upgrade the interchange between Interstate 90 and State Highway 41 in Post Falls. The current interchange, which includes three different traffic signals and intersections, has become a major traffic bottleneck as Post Falls has grown. The interchange will be replaced by a single intersection, which ITD believes will dramatically increase efficiency. Construction will be underway in phases until the summer of 2025. Source: Idaho Transportation Department
  • Kootenai Health has begun work on a $40 million expansion to its Heart Center, operating rooms and Kootenai Outpatient Surgery facilities. The expansion will add 37,000 square feet to the heart center, new laboratories and more patient rooms, which will allow the hospital to provide more same-day surgeries. The project is scheduled for completion in fall 2023. Source: Coeur d’Alene Press

Openings
Coeur d’Alene

  • Sebastian’s Coffee and Pastries
  • The Burger Dock
  • Vantage Point Brewing
  • Bare Root Skin Essentials

Region

  • Burke’s Restoration, Post Falls
  • Club Pilates, Hayden
  • Gracie Barra Jiu-Jitsu Studio, Hayden

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

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Around Idaho: Economic Activity in July 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

  • Construction has begun on an 18-story, 60-unit luxury condominium tower in downtown Coeur d’Alene. The tower, to be named The Thomas George, has an estimated value of $45 million and will have units ranging in price from $800,000 to $4 million. Source: Journal of Business
  • The city of Post Falls annexed nearly 90 acres of agricultural land and approved zoning changes to lay the groundwork for the development of a new commercial corridor, as well as infrastructure improvements related to the construction of a new charter school. Construction of the planned Kootenai Classical Academy — the first charter school in Post Falls — is expected to begin this fall. Source: Journal of Business
  • The Coeur d’Alene City Council approved a $10 million water tank project to prevent water supply issues in the northeastern quadrant of the city. Urban growth has begun to stress existing water infrastructure, and city staff have assessed the need to accelerate water projects to avoid water supply issues. Source: Coeur d’Alene Press

Openings – Coeur d’Alene and Post Falls

  • Water World
  • Buck Wild Espresso
  • Engel & Völkers
  • Disaster Response
  • Bottle Joy Taphouse

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

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Around Idaho: Economic Activity in May 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

  • The nonprofit urban planning and community development organization, CDA 2030, published a new “Vision and Implementation Plan” for the greater Coeur d’Alene community. The plan outlines 134 actions and recommendations related to housing, park space, conservation and other quality-of-life items for the area. Source: Coeur d’Alene Press
  • North Idaho College received a $524,000 grant from the Idaho Workforce Development Training Fund to support its Workforce Training Center. The grant will fund apprenticeship programs for tradespeople and heavy equipment operators in the construction industry. The goal is to help meet the region’s enormous need for construction labor. Source: Coeur d’Alene Press

Openings – Coeur d’Alene

  • Capriotti’s Sandwich Shop
  • CDA Pet Market
  • Stylus Wine & Vinyl Bar
  • Integrity Mental Health
  • CaterCDA
  • Lake City Deluxe Barbershop
  • Brandon Cope Massage
  • Patriot Hangout
  • Sarah Hamilton FACE

Post Falls

  • Auto Paint Plus
  • North Idaho Urology
  • St Joseph’s Ear, Nose, Throat & Allergy Clinic

Hayden

  • Open Arms

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

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