Tag Archives: Esther Eke

Around Idaho: Economic Activity in June 2019

Information provided in this article 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

  • Seattle-based hardware retailer Hardwick and Sons is moving to Post Falls after nearly 90 years in Seattle’s University District. The store’s owners cited a growing tax burden in Washington as their primary motivation for relocating to northern Idaho. Source: Journal of Business
  • Gunfighters LLC, a gun holster manufacturer based in central Washington, is relocating its operations to Rathdrum. The company cited a more “gun-friendly culture” in Idaho, as well as a lack of space in their current facilities, as their reasons for moving to northern Idaho. Source: Journal of Business
  • A new jet center owned and operated by StanCraft is set to open at the Coeur d’Alene airport. The facility, which will create about 50 jobs, will be used to update aircraft and serve as a fueling station. Source: Coeur d’Alene Press
  • The Coeur d’Alene City Council approved plans to build a $2.6 million water administration building. The project will be funded entirely with the Water Department’s reserve funds. Source: Coeur d’Alene Press
  • The city of Athol received a Community Development Block Grant from the Idaho Department of Commerce to support a $3.5 million water improvement project. City officials initiated the improvement project, noting that the city’s aging water system lacks the necessary pressure to meet Idaho environmental quality requirements. Source: Coeur d’Alene Press

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Measuring Underemployment in Idaho’s Counties

The unemployment rate speaks to labor market conditions including the availability of labor and the level of economic distress. But the unemployed are not the only potential pool of new hires and not the only ones experiencing economic distress.

The official definition of “unemployed” includes only those people who are jobless and have actively looked for work in the past month. “Marginally attached workers” are jobless, want to work, but have given up looking for work because they believe there are no jobs currently available for them. Then there are the workers who want to work full time but currently are working part time (less than 35 hours a week) because they are unable to find full-time jobs.

Recognizing these other forms of labor market distress, the U.S. Bureau of Labor Statistics has developed six alternative measures of labor underutilization. Find the BLS measures and descriptions at https://www.bls.gov/lau/stalt.htm.

Labor Underutilization in Idaho

The U.S. Bureau of Labor Statistics publishes the alternative measures of labor underutilization for the states once a year. Early this year, it released 2018 data showing Idaho had 25,900 unemployed residents, 1,000 discouraged workers, another 4,300 residents marginally attached to the labor force and 22,900 involuntary part-time workers. In total, 54,000 workers met the definitions of labor underutilization, and Idaho’s U-6 rate was 6.3 percent.

As the following two graphs below show, the number of marginally attached and involuntary part-time workers tends to grow significantly during recessions (the 2008-2010 period, for example) and decrease when unemployment is falling.

Idaho’s U-3 (official unemployment rate), U-4 (unemployed plus discouraged workers), U-5 (unemployed plus all marginally attached workers) and U-6 (unemployed with marginally attached workers and involuntary part time) are shown on the following graph.

Estimating Underutilization for Idaho Counties

To develop estimates of the alternative measures for Idaho counties, the model uses county labor force and unemployment statistics from the Local Area Unemployment Statistics program, which produces the monthly unemployment rates, and the five-year estimates from the Census Bureau’s American Community Survey along with the statewide measures of marginally attached workers and involuntary part-time workers. To estimate discouraged workers and marginally attached workers by county, the model assumes each county has the same ratio of workers to total unemployment as does the state.

Labor Underutilization in 2018

Another Aspect of Underemployment

Underemployment occurs when workers’ jobs do not use all their availability to work, skills and education. The alternative measures of labor underutilization only assess one form of underemployment — that of working too few hours. Measuring jobs that do not use the education or special skills of individuals would require data that is not available and difficult to quantify, and it would be a very expensive undertaking. That is why the U.S. Bureau of Labor Statistics does not measure it.

Kathryn.Tacke@labor.idaho.gov, regional economist
Idaho Department of Labor
(208) 799-5000 ext. 3984
and
Esther.Eke@labor.idaho.gov, regional economist
Idaho Department of Labor
(208) 236-6710 ext. 4331

Around Idaho: Economic Activity in May 2019

Information provided in this article 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

  • TDS Metrocom, a high-speed internet service provider, announced it will be expanding to Kootenai County over the next three years, bringing gigabit-speed internet to commercial and residential customers. The company plans to grow its Kootenai operation in stages, with initial hiring of about 30 employees before ramping up to a full scale of roughly 200 workers by the end of 2022. Source: Coeur d’Alene Press
  • Kitchen Solvers – a Wisconsin-based retailer of cabinets, flooring and tiles – has leased a new location in the Riverbend complex in Post Falls and plans to open a new franchise location to serve Kootenai County. Source: Spokane-Kootenai Journal of Business
  • Cereset, a wellness company, has opened a new franchise in Coeur d’Alene. The company uses non-invasive therapies to help patients mitigate stress and improve their sleep habits. Source: Coeur d’Alene Press
  • Two new automobile dealerships opened in Coeur d’Alene. Both Amstutz Family Auto and High Caliber Auto Sales opened used car dealerships and full-service repair shops. Source: Coeur d’Alene Press
  • The city of Post Falls announced plans to turn a former thrift store location into a recreation center, which will support community activities and classes including dancing, gymnastics and adult fitness activities. The city expects the outdoor facilities – including soccer fields and children’s spaces – to open in the fall, with the indoor facilities following in the winter. Source: Coeur d’Alene Press

Openings

  • Mountain America Credit Union in Post Falls
  • Paragon Brewing in Coeur d’Alene
  • Relax and Recover Wellness Center in Coeur d’Alene
  • Newhomes in 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 in April 2019

Information provided in this article 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

  • Post Falls based manufacturer Quest Integration Inc. leased a new facility in the Tedder Office Park and plans to expand its 3D printing operations with the new space. Source: Spokane-Kootenai Journal of Business
  • Washington-based Crawl Space Cleaning Pros has leased warehousing space in Post Falls and is in the process of opening its first Idaho location. The company specializes in environmentally friendly cleanup and insulation of crawl spaces. Source: Spokane-Kootenai Journal of Business
  • After a series of public hearings, the Coeur d’Alene Panning Commission approved plans for a new apartment complex in the city’s Riverstone development. The new complex will feature five-story apartment blocks as part of the city’s recent move toward higher-density construction. Source: Coeur d’Alene Press
  • Kootenai County released a proposed update of its comprehensive plan, titled Keeping Kootenai, for community input. In 2010, the county released a strategic plan which consisted of 347 different goals and policy statements, which county officials said were difficult to interpret and implement. The new strategic plan is designed to be simplified and streamlined for ease of implementation. Source: Coeur d’Alene Press

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

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Around Idaho: Economic Activity in February 2019

Information provided in this article 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

    • Coeur d’Alene-based business incubator Innovation Collective has announced plans to expand and open operations into nine new communities including Sandpoint, Lewiston, Pocatello and Kellogg. The Innovation Collective provides a variety of services aimed at promoting creativity and collaboration while providing space for entrepreneurial activity. Source: Spokane Journal of Business
    • The city of Coeur d’Alene announced that work on the development of the city’s Atlas Mill site is expected to begin this year. The site – a stretch of undeveloped waterfront property along the Spokane River – was purchased by the city in 2018. The new plans outlined by the city call for the space to be developed into a park with a trail system and swimming areas. Source: Coeur d’Alene Press
    • Ignite CDA – Coeur d’Alene’s urban renewal agency – is seeking public input on two competing developments proposed for midtown Coeur d’Alene. The agency is seeking to develop a mixed-use development with both commercial space and residential units, and is seeking public input on two competing proposals for the development. Source: Coeur d’Alene Press
    • Work is moving forward on the demolition of defunct structures on the site of the former Garden Motel in Coeur d’Alene to clear space for the construction of a new 113-room Marriott Fairfield hotel. The project was delayed after Marriott updated its hotel prototypes, which compelled developers to seek new building permits for the Coeur d’Alene site. Developers anticipate the new hotel opening in spring 2020. Source: Coeur d’Alene Press

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

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A Deeper Look: Idaho Job Skills by Region

What are the essential job skills of today and how prepared is Idaho’s current workforce to tackle the skill requirements of future work?

An increased emphasis on making sure employees have the skills they need today is shifting the conversation toward identifying the most relevant skills necessary for the jobs of tomorrow.

This analysis draws on information from the U.S. Department of Labor’s Occupational Information Network (O*NET) database, a useful tool in identifying work competencies in the labor market. O*NET uses surveys of employees and occupational experts to determine the important characteristics and requirements of more than 900 occupations. Its content model identifies, among other things, the different mix of knowledge, skills and abilities required by each occupation as a standardized, measurable set of variables. This article focuses on just the skill requirements.

What are the essential job skills required in the marketplace?

Skills are broadly defined as strategies and procedures for acquiring and working with the knowledge that comes with experience and practice (Tippins & Hilton, 2010). The O*NET skills taxonomy identifies 35 skills considered necessary for a wide range of jobs and tasks. These skills are divided into basic and cross-functional skills. Basic skills describe the capacities an individual has that assist in the learning process and acquisition of knowledge. Skills such as reading comprehension, writing, active learning and critical thinking are included in this grouping. Cross-functional skills refer to competencies such as social skills, complex problem solving, technical skills, systems skills and resource management skills.

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Around Idaho: Economic Activity in January 2019

Information provided in this article 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

  • Thomas Tedder, founder and CEO of Post Falls holster manufacturer Tedder Industries, has sold a majority share in the manufacturer to a Texas-based investment group. Tedder said he would phase out of the CEO role over the following months and focus on his real estate concerns at his other company, Tedder Properties. Source: Spokane-Kootenai Journal of Business
  • Two new urban renewal districts have been proposed in the city of Rathdrum. Amid record growth, Rathdrum’s urban renewal agency has conducted eligibility studies to create two new renewal districts aimed at improving a total of 155 acres worth of lots. Currently, construction on the lots in question is blocked by gas and power lines that create “hurdles” to development, which would be remediated by the proposed renewal projects. Source: Coeur d’Alene Press
  • Kootenai County’s commissioners are preparing to revisit the controversial new building permit opt-out provisions. The provision, adopted last year, allows builders on unincorporated lots in Kootenai County to opt out of county building codes. The new board of commissioners – two of the three commissioners are newly elected – plans to revisit the opt-out provision, starting with a series of public hearings. Source: Coeur d’Alene Press
  • North Idaho College was awarded a three-year federal grant worth $675,607. It will use the funds to launch a new NIC Venture Center, which will support the college’s entrepreneurial programs. The Venture Center will feature new educational programming for entrepreneurship, as well as a rapid prototype lab for manufacturing. In 2017, NIC was named Entrepreneurial College of the Year by the National Association for Community College Entrepreneurship. Source: Coeur d’Alene Press

Openings in Coeur d’Alene

  • Terre Coffee and Bakery
  • Great Expectations Painting
  • Schwartz Law

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

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Around Idaho: Economic Activity in December 2018

Information provided in this article 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

  • The YMCA of the Inland Northwest acquired Sandpoint West Athletic Club, with the intent of turning the health club into a new YMCA branch. Source: Spokane Journal of Business

Kootenai County

  • The city of Coeur d’Alene moved forward with a proposal to create an urban renewal district around the Kootenai Health hospital campus. The city council expressed concern about the cramped hospital corridor and noted that without efforts to consolidate properties around Kootenai Health and creating space to allow the hospital to grow, the hospital could be forced to move. Source: Coeur d’Alene Press
  • The Idaho Transportation Department will fund a one-year study on traffic management in Kootenai County, which will examine the viability of a regional traffic management center. The Kootenai Metropolitan Planning Organization will manage the study. Source: Coeur d’Alene Press
  • The Post Falls Planning and Zoning Commission approved a special use permit for the construction of a UPS distribution facility next to single-family homes in east Post Falls. The commission approved the permit after neighbors voiced their concerns about the potential noise and traffic that the distribution center would generate. Source: Coeur d’Alene Press

Openings

  • Terre Coffee and Bakery in 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 in November 2018

Information provided in this article 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 County has started construction on a new transit center in the Riverstone development in Coeur d’Alene. The transit center will be located on a four-acre parcel, which is owned jointly by the county and the Coeur d’Alene Tribe. The center is expected to open in the summer of 2019. Source: Spokane Journal of Business
  • Construction has started on a new medical building in Hayden. The $2 million facility will house a new office of the North Idaho Eye Institute, which also has offices in Coeur d’Alene and Post Falls. Source: Spokane Journal of Business
  • The Coeur d’Alene Casino Resort Hotel has begun a $15 million renovation project, which involves an update and improvement of both the gaming and entertainment facilities at the casino. A spokesperson for the casino said the improvements would be completed by March of 2019. Source: Spokane Journal of Business

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Around Idaho: Economic Activity in October 2018

Information provided in this article 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

Benewah County

  • The Coeur d’Alene tribe has approved plans for a $16 million youth and family recreation center to be built on tribal land near Worley. The facility is intended to support the tribe’s mission of protecting the health and safety of their youth. Source: Spokesman Review

Kootenai County

  • Keller-Williams Coeur d’Alene is building a new $3.3 million building. With Kootenai County’s housing market enjoying phenomenal expansion in recent years, Keller Williams noted that its pool of agents has grown by 22 percent so far in 2018 alone. The agency now has 255 agents in Coeur d’Alene and has outgrown its existing office space. Source: Spokane Journal of Business

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