For Immediate Release: March 14, 2022
Media Contact: Karen.JarboeSingletary@labor.idaho.gov or Craig.Shaul@labor.idaho.gov
Idaho’s seasonally adjusted unemployment rate was 3% in January – down slightly from a revised December rate of 3.1%. Due to the Bureau of Labor Statistics’ annual benchmarking process, December 2021’s unemployment rate was revised from a record low 2.4%. This realignment of labor market variables is not an indicator of any negative directional changes in the state’s economy.
The number of Idahoans employed or looking for work grew by 2,743 people (0.3%) to 924,469 – a larger over-the-month increase than during any month of 2021.