For Immediate Release: Nov. 17, 2023
Media Contact: Craig.Shaul@labor.idaho.gov or John.Panter@labor.idaho.gov
– State leads the nation in over-the-year nonfarm job growth at 3.5% –
Idaho’s seasonally adjusted unemployment rate increased to 3.2% in October from 3.1% in September.
The state’s labor force increased by 1,900 people (0.2%) to 971,208.
Idaho’s labor force participation rate – the percentage of people 16 years of age or older who are either employed or looking for work – remained at 62.4% in October.
Total employment increased by 693 (0.1%) to 939,743 as unemployment increased by 1,207 (4.6%) to 31,465 – the highest number of unemployed in Idaho since June 2021.