State nonfarm jobs see first year-over-year increase since pandemic
Idaho’s seasonally adjusted unemployment rate fell to 4.8 percent and nonfarm payrolls regained 6,200 jobs in November as the state’s economy continued to recover.
The unemployment rate dropped seven-tenths of a percentage point in November from October’s 5.5 percent. The current rate is 7 percentage points below April’s historic high of 11.8 percent.
The number of unemployed Idahoans fell by 6,605 to 43,814 (-13.1 percent). As a result, Idaho’s seasonally adjusted labor force decreased by 6,765 to 906,033, but still remains 11,400 higher than its pre-pandemic level in March. The total number of employed went essentially unchanged from October, dropping by 160 to 862,219.