New short-term employment projections from the Idaho Department of Labor show Idaho’s healthy rate of job creation is expected to continue over the next two years. Total employment in Idaho — including self-employed and family businesses — reached a new high of 854,474 in the base period in 2022. This is projected to grow by 1.4% annually, reaching 878,100 in 2024.
The robustness and consistency of Idaho’s labor market has been a shining light in past years, with the state consistently leading the country in job growth. In 2020, COVID-19 led to significant job losses in a very short period of time — with almost all job losses occurring in March and April, but Idaho demonstrated its economic vitality with a quick rebound, returning to rapid job growth the following year. In fact, job growth in Idaho has been so strong that, even with the setback in 2020 during the pandemic, total employment in 2022 still reached and even exceeded forecasts.
Figure 1: Total employment in Idaho 2016-2022, with Idaho Labor 2024 projection