Idaho’s economy has been one of the most dynamic among all the states in recent years. Over the past five years, Idaho has consistently been at the top of the charts in terms of job creation, and only Utah has created jobs as quickly. Recently, the Idaho Department of Labor completed a new round of labor market projections which anticipate that Idaho’s strong rate of job creation will continue into the foreseeable future.
This new analysis forecasts that Idaho’s total employment will reach 840,000 by 2026, up from a 2016 total of about 735,000. This amounts to approximately 105,000 new jobs created in 10 years, which represents a 14.4 percent increase. This indicates that Idaho is expected to substantially outpace the rest of the nation in job creation. Equivalent projections from the federal Bureau of Labor Statistics (BLS) projected total U.S. employment to grow by only 7.7 period in the same time period (1). Continue reading