Tag Archives: employment

Labor expands employment services in southeastern Idaho

NEWS RELEASE

For Immediate Release: May 26, 2022
Media Contact: Jill.Kleist@labor.idaho.gov

Job search, resume assistance available in seven southeastern Idaho communities – from American Falls to the Utah border.

Idahoans living in rural southeastern Idaho have more options for obtaining services from the Idaho Department of Labor.

With a variety of office hours in seven regional mobile locations – Aberdeen, American Falls, Blackfoot, Malad, Montpelier, Preston and Soda Springs – customers can access services such as resume writing, filling out job applications, preparing for an interview, filing for unemployment benefits and learning about training resources.

These mobile sites are in addition to Labor’s full-service office in Pocatello.

All mobile locations offer walk-in hours and appointments staffed with an Idaho Department of Labor workforce consultant.

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Vacancy rates provide insight to hiring challenges

The exceptionally tight labor market in Idaho has left many employers hard-pressed to fill job openings. The monthly vacancy yield rate – the number of hires each month relative to the number of job openings at the end of the previous month – provides a barometer for employers’ ability to fill openings while its inverse provides an implied number of months to fill an opening.

An unprecedentedly tight labor market

Well before the COVID-19 pandemic and the economic disruptions it brought, the Idaho labor market would have been characterized as “tight,” but once businesses and the economy at-large reopened, the excess demand for workers relative to their supply only intensified.

One key barometer of a labor market is the ratio of job openings, or vacancies, to the unemployed, which is how macroeconomists typically define a labor market’s “tightness.” The larger the number, the more job openings are chasing after a fixed number of idle workers. For high ratios, we would typically expect to see wages rise as employers are forced to compete for limited talent; conversely, for small ratios, we would expect wages to fall as workers are forced to compete for a limited number of jobs.

Figure 1 plots the monthly job openings-to-unemployed ratio for Idaho as well as the United States for 2001-2021, adjusted for seasonality effects. For the entire sample, the average labor market tightness was about 0.81 openings for every unemployed Idahoan. Throughout 2021 the ratio hovered between 1.5 and 2, and by year’s end it reached a record 2.18.

Figure: labor market tightness

Note: Job openings are for total nonfarm jobs.
Source: Idaho Department of Labor, U.S. Bureau of Labor Statistics.

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Labor expands its employment services in north central Idaho

-Mobile Labor locations now available in Grangeville, Kamiah, Kendrick, Moscow, Potlatch, Orofino and Weippe-

People living in remote, rural areas of north central Idaho can now access Idaho Department of Labor services at seven – soon to be eight – nearby locations.

“Our mobile offices allow us to bring our services to you,” explains Department of Labor Director Jani Revier. “With the help of our partners of local libraries, community centers, city halls and other organization, we’re in more locations than ever before.”

Idahoans throughout the state can now get help finding a new job, upgrading their skills and increasing their earning potential in more than 50 locations. All mobile Labor locations offer walk-in hours and appointments for help with writing resumes, filling out job applications, preparing for an interview, accessing job training resources, filing for unemployment insurance benefits and other services.

Labor services for businesses include support for listing jobs, recruiting employees, organizing hiring events, employer seminars and gaining access to job training programs.

Three local office employees from the Lewiston Idaho Department of Labor office visit Kendrick, Moscow and Potlatch.

The remaining five offices are managed by Monica Jones and Heather Lerandeau. Together, they deliver a wide range of employment services to local job seekers and employers in Orofino, Weippe, Grangeville, Kamiah and Riggins, which opens April 14.

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Idaho Apprenticeship Program Allows Quality Electric to Train Women for Highly Skilled, Good-Paying Jobs

Karelyn Kruger, 45, is in her second year of a five-year training program as an electrical apprentice for Quality Electric in Boise. She’s creating a second career after working in retail and raising two children.

photo: hand holding electrical cables“I’m older than the average student,” she says with a wry grin. “I’m too old to go into debt and go back to college, so it seemed like a great opportunity to learn a trade, and they’d pay for my education while providing on-the-job training.”

Kruger had to pass an aptitude test, math test and have a GED or high school education to get into the Southwest Idaho Electrical Joint Apprenticeship Training Committee (JATC) program. Once you pass those tests, “you’re guaranteed a job” while you work under the supervision of an experienced journeyman electrician, she  says.

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Idaho’s Long-term Employment Forecast Shows Steady Growth Through 2030

Idaho’s labor market is expected to continue its robust expansion through the end of the decade, according to new long-term employment projections from the Idaho Department of Labor.

The new estimates, which cover the period from 2020 to 2030, project an employment growth rate for Idaho of 1.5% per year, bringing total employment to 933,563 in 2030. This forecast is consistent with Idaho’s record of strong job creation in recent years – which includes rapid growth from 2010 to 2020, and an economic recovery from the COVID-19 pandemic that was among the strongest in the nation.

Idaho’s long-term projected growth rate of 1.5% is significantly higher than the national forecast. The most recent projections from the U.S. Bureau of Labor Statistics anticipate a national growth rate of approximately 0.7% annually – less than half the projected growth rate for Idaho. This is consistent with recent experience; Idaho has consistently been among the leaders in job growth among the states, and the growth rate in Idaho has exceeded the national rate nine years in a row, starting in 2012.

Figure 1: Annual Employment Growth, US and Idaho line chart

Sources: U.S. Bureau of Labor Statistics, Idaho Department of Labor Continue reading

Around Idaho: Economic Activity in June 2021

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

  • Riverstone Holdings is developing a mixed-use building in the Riverstone district. The new building will include office space for rent on the ground floor, three floors of condos above and underground parking. The project is slated for completion in summer 2022. Source: Journal of Business
  • The Coeur d’Alene Ironman race was successfully completed, after COVID-19 forced a cancellation in 2021. The triathlon – which features a 2.4-mile swim, 112-mile bike ride and 26.2-mile run – was the first full-distance ironman race held in Coeur d’Alene since 2017 and drew about 2,100 competitors to the area. Source: Coeur d’Alene Press
  • The city of Hayden’s Planning and Zoning Commission approved a plan to turn the Hayden Meadows soccer complex into a housing subdivision. The 10-acre field was acquired, along with two adjacent properties, by Kulka Land LLC, which plans to turn the parcel into a 53-unit single family subdivision. Source: Coeur d’Alene Press

Openings:

  • Iron Pizza Co. & Taphouse, Athol
  • Geico Insurance, Coeur d’Alene
  • Esthenique LLC, Coeur d’Alene
  • Cuppa Columbian Coffee, Coeur d’Alene
  • Backwoods Whiskey, Coeur d’Alene
  • Link Properties, Coeur d’Alene
  • Safe Splash, Coeur d’Alene
  • The Fixture Gallery, Dalton
  • Tubbs Coffee Roasters, Hayden
  • Brats & Brews, Spirit Lake

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

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Idaho Beef Industry Showing Marked Recovery

The beef life cycle is one of the most complex of any food, taking anywhere from two to three years to bring beef from farm to fork. This process involves multiple stakeholders, beginning with farmers and ranchers and ending with packing plant workers. Traditionally, the U.S. beef industry has been comprised of three main sectors ‒ cattle production, feedlots and meat processing. The packing sector is the primary driving factor in the beef industry’s vertical supply chain. The packers are the market outlet for the feeding sector and in turn, the feedlots are the primary market outlet for the cow-calf producers.

An overview of Idaho’s beef industry shows the cattle production sector’s total cow-calf inventory has grown slightly faster than the national average. A 2019 January industry snapshot shows Idaho’s cattle inventory stood at 2.5 million cows and calves, raised across 7,400 farm operations. This inventory comprised 504,000 beef cows that had calved and 625,000 milk cows that had calved. About 48% of this inventory was in south central Idaho, which has a competitive cattle production advantage in forage and crop aftermath grazing resources compared with the rest of the state.

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Idaho Rebound Continues as One of Fastest in Country

December’s economic data showed that Idaho continued to progress in what has become one of the fastest economic recoveries in the country, following the economic shock of the COVID pandemic in the spring months of 2020. Idaho’s nonfarm jobs continued their recovery and are now slightly above the breakeven point for the year, with total nonfarm jobs now exceeding the totals reached in December 2019.

Nonfarm Jobs

Idaho’s total nonfarm jobs grew by 4,900 (0.6%) to 773,700 for December 2020. Substantial gains in trade, transportation and utilities (+2,400) as well as leisure and hospitality (+1,800) drove the increases, although most of Idaho’s major sectors enjoyed gains in December.

Job Growth Chart

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Idaho Construction Employment Building Back to Pre-Recession Level

The level of construction activity is one of many indicators that signal the health of an economy. Currently, Idaho’s scenery is dotted with construction projects ranging from heavy construction infrastructure ventures to commercial buildings to single- and multi-family homes and residential housing projects.

This was not the case after the Great Recession (December 2007 to June 2009) squelched Idaho’s strong housing industry, resulting in a loss of almost 23,000 jobs based on quarterly employer reports to the Idaho Department of Labor. Construction was one of the hardest hit industries during that time and continues to rebuild in all six Idaho regions.

Idaho’s construction industry has grown by 127 percent from 1991-2018. It has experienced more periods of growth than downturns in jobs since 1991, as shown in Chart 1.

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South Central Idaho’s 2,500 May Graduates Have ‘Go On’ Choices

The labor force receives an infusion of workers each May after high school graduation. In south central Idaho, early estimates show nearly 2,500 students graduated this spring from public schools in the eight-county area. The final numbers will be released later this year to account for students still completing courses over the summer and those who still plan to graduate by the end of the year.

Finding data on where the graduates end up after the ceremony is more difficult to track. The ‘go on’ rate, or the percentage of high school graduates who continue on to college or community college for degrees or certificates, is an imperfect estimate. Idaho’s rate has hovered around 50 percent, up or down five percent, in recent years. A sizeable portion of the 50 percent who do not ‘go on’ need employment, roughly 1,250 regionally, based on the 2018 graduation rate estimates.

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