Tag Archives: Idaho May 2018 Unemployment Rate

Idaho’s May Unemployment Rate Unchanged at 2.9 Percent

NEWS RELEASE

For Immediate Release: June 15, 2018
Information Contact: Karen Jarboe Singletary (208) 332-3570 ext. 3215 or Robert Kabel (208) 332-3570 ext. 3886

— Idaho Remains in Top Two for Over-the-Year Job Gains for Fifth Straight Month —

Idaho’s seasonally adjusted unemployment rate stayed steady at 2.9 percent in May, continuing a nine-month streak of 3 percent or lower.

The state’s labor force – the total number of people 16 years of age and older working or looking for work – continued to increase, gaining 1,222 people from April to May for a total of 850,605.

Total employment grew 1,203 to 826,026 in May, driving the increase of the state’s labor force growth, while the number of unemployed remained virtually unchanged at 24,579.

Idaho’s labor force participation rate remained essentially flat at 63.9 percent. Continue reading