Tag Archives: idaho employment

Idaho’s August unemployment rate increases slightly to 2.7%

NEWS RELEASE

For Immediate Release: Sept. 16, 2022
Media ContactCraig.Shaul@labor.idaho.gov or Karen.JarboeSingletary@labor.idaho.gov

Labor force expands by 4% over the year

Idaho’s seasonally adjusted unemployment rate was 2.7% in August, up 0.1 percentage points from July – the seventh consecutive month Idaho has been below 3%.

August’s labor force growth saw increases in both employed and unemployed persons. The number of Idahoans employed or looking for work grew by 4,384 people (0.5%) to 956,785. Total employment grew by 3,103 (0.3%) to 931,077 while total unemployment increased by 1,281 (5.2%) to 25,708.

Labor force participation increased by 0.1 percentage points between July and August to 62.7%. Idaho’s peak participation rate reached 71.4% in September 1998.

Idaho’s nonfarm jobs met seasonal expectations in August, showing an adjusted increase of only 200 jobs to 822,600. Industry sectors with the greatest over-the-month gains include transportation, warehousing and utilities (0.9%); arts, entertainment and recreation (0.6%); and construction (0.5%). Continue reading

Around Idaho: Economic Activity in June 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

  • Schweitzer Mountain Resort has begun construction on resort improvements to create more efficient access to the mountain, including new roadways, 1,400 additional parking spaces and a new chairlift. This will be followed by future developments expanding the resort’s skiable terrain. Source: Bonner County Daily Bee

Kootenai County

  • The 50-acre Millworx location in Post Falls is now under development and will include a 60-unit mixed use building — with both multi-family residential units and commercial spaces — 61 townhomes, a hotel and several commercial buildings. The development, formerly home to the Idaho Veneer Mill, is slated for completion in 2023. Source: Coeur d’Alene Press
  • Construction has begun on the planned 18-story Thomas George building in Coeur d’Alene. The building will eventually include 60 luxury condominiums and retail spaces on the ground floor. It is scheduled for completion in March 2024. Source: Coeur d’Alene Press
  • The Kootenai Humane Society has begun construction on a new 20,000-square-foot shelter in Hayden. The new facility is expected to be completed by year-end. Source: Journal of Business

Openings

Coeur d’Alene

    • Toro Viejo & Barracho
    • ECJ Billiards
    • Bottle Joy Taphouse
    • Memory Lane Gems
    • Grace & Joy
    • Pearl and Tin

Region

    • Klein Chiropractic, Hayden
    • Advanced Personal Protection, Hayden
    • Paddler’s Alehouse, Sandpoint

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

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Idaho’s April Unemployment Rate Falls to Historic Low of 2.6%

NEWS RELEASE

For Immediate Release: May 20, 2022
Media ContactKaren.JarboeSingletary@labor.idaho.gov or Salvador.Vazquez@labor.idaho.gov

Idaho’s seasonally adjusted unemployment rate was 2.6% in April, down from March’s rate of 2.7%. April’s rate marks the third consecutive month of historic lows since record keeping began in 1976.

Idaho map with county unemployment ratesThe number of Idahoans employed or looking for work grew by 4,770 people (0.5%) to 937,023. Labor force participation increased by 0.1 percentage points between March and April to 62.1%. Idaho’s peak participation rate reached 71.4% in September 1998.

Total employment grew from March by 5,409 (0.6%) to 912,953 while total unemployment dropped by 639 (-2.6%) to 24,070.

According to Help Wanted Online, there were 49,443 online job postings in Idaho during April, or 2.1 job openings for every unemployed Idahoan looking for work.

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Idaho population projected to top 2 million by 2031

Recent population projections from the Idaho Department of Labor anticipate Idaho will continue its record of rapid growth, with the total statewide population crossing over 2 million for the first time by 2031.

The 2020 Census revealed the Gem State was the second-fastest growing state in the nation over the decade from 2010 to 2020, and single-year population estimates have ranked Idaho as the fastest-growing state for the past five years.

Idaho’s Labor Department’s latest projections anticipate a statewide growth rate of 1.1% per year over the 10-year period from 2021 to 2031, adding a total of 227,880 new residents to the state. This will raise Idaho’s population from 1,888,533 in 2021 to 2,116,413 in 2031.

All six of Idaho’s substate regions are expected to grow over the coming decade, with southwestern Idaho leading at 16.3% projected growth, followed by northern Idaho at 13%. These two regions together are expected to account for more than three quarters of the state’s total growth.

TABLE 1: Projected population growth by region

Projected Population Growth by Idaho Region

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Around Idaho: Economic Activity in April 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 new program designed to match senior homeowners with extra space with tenants is being launched in Kootenai County in response to the severe local housing shortage. The project, called HomeShare Kootenai County, aims to create additional rental inventory by leveraging seniors who have extra space or who maintain multiple residences and vacate their Idaho homes in the winter. Source: Journal of Business
  • The Idaho Department of Transportation is beginning work on the next phase of improvements to State Route 41, connecting Post Falls and Rathdrum. The highway improvements will facilitate the new commercial and residential development occurring on the prairie in north Post Falls. The state route improvements are scheduled to be completed this year. ITD plans to begin preparations for the replacement of the current interchange between the SR41 and I-90. Source: Journal of Business
  • After tourism recovered in 2021 and the area experienced a resurgent demand for lodging, Kootenai County now has two new hotels planned – one in Coeur d’Alene and one in Post Falls. A TownePlace Suites hotel by Marriott is under construction in Coeur d’Alene, which will include 89 rooms, while in Post Falls plans are in place for a 154-room hotel, though the brand has not yet been specified. Both hotels are expected to be finished this year. Source: Journal of Business

Openings – Coeur d’Alene

  • Reignite Health Northwest
  • Edgy Veggie Salad
  • Inspired Nail Spa
  • F45 Training
  • Rakes Mediation
  • Water World
  • Dixie & Co.
  • The Goat Lounge
  • Berkshire Hathaway HomeServices

Hayden

  • Hayden Furniture Depot

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

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Hispanics, minorities continue to boost Idaho’s economic growth

NEWS RELEASE

For Immediate Release: April 28, 2022
Media Contact: Craig.Shaul@labor.idaho.gov

The economic influence of Idaho’s minorities and Hispanic populations has continued to expand over the past 10 years and projections show it’s not likely to slow down.

Growth in buying power for nearly all cultures in Idaho outpaced the U.S. average, according to estimates provided by the Selig Center for Economic Growth at the University of Georgia. From 2010 to 2020, Idaho experienced some of the highest multicultural consumer growth in spending across all U.S. states. White people, Black people and American Indians ranked in the top five highest percent change of consumer spending over this time period. 

Chart: growth in consumer spending 2010 to 2020, Idaho and the U.S. Continue reading

McCall Labor Office moves to 1st Street

-Mobile employment services also available in Cascade, Council and New Meadows-

Idahoans living in remote, rural areas of Idaho’s West Central Mountains can now access state employment services in Cascade, Council, McCall and New Meadows.

The Idaho Department of Labor’s McCall mobile office is operating from a new location. Central District Health Department at 701 1st St. in McCall is sharing its space for walk-in Labor customers on Mondays, 8:30 a.m. to 4:30 p.m., (closed from noon to 1 p.m. for lunch) and on Fridays from 8:30 a.m. to noon. Additional meeting times are available by appointment.

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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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Department of Labor Names New Economist for Southeastern Idaho

NEWS RELEASE

For Immediate Release: Feb. 24, 2022
Media Contact: Craig Shaul, craig.shaul@labor.idaho.gov

Matthew Paskash has been named the new Idaho Department of Labor regional labor economist for southeastern Idaho, covering Bannock, Bear Lake, Bingham, Caribou, Franklin, Oneida and Power counties. He replaces the previous economist, Esther Eke.

Paskash is a recent graduate of the University of Illinois at Urbana-Champaign where he earned a Master of Science in economics and completed some coursework towards a Ph.D. He also holds a Bachelor of Arts degree in economics, minoring in mathematics, philosophy, sociology and Spanish from Indiana University Northwest where he worked as an undergraduate tutor and research assistant.

Originally from northwest Indiana, Paskash suspended studies while attending Valparaiso University, spending several years as a direct support professional for the developmentally disabled, an automotive technician and a barista.

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Around Idaho: Economic Activity in September 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

  • A large mixed-use project is planned for the 33-acre Landing at Post Falls development on the banks of the Spokane River. According to the Post Falls Urban Renewal Agency, at least three separate developers are planning to build on the site, which includes plans for at least 548 residential units and substantial office and commercial space. Source: Journal of Business
  • A public charter school, Elevate Academy North, is being developed in Post Falls with plans to open in time for the 2022-23 school year. The school will specialize in career technical skills and will initially serve around 310 students. Source: Journal of Business

Openings – Coeur d’Alene

  • GEICO Insurance
  • McCormick’s Flooring
  • Simply Being Bazaar
  • Golf Island

Post Falls

  • DNA Electric & Fabrication

Hayden

  • Kaffee Meister

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

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