Tag Archives: Idaho unemployment rate

Idaho’s January Unemployment Rate Drops to 3%

NEWS RELEASE

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.

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Idaho’s November Unemployment Rate Drops to 2.6%

NEWS RELEASE

For Immediate Release: Dec. 17, 2021
Media Contact: Karen.JarboeSingletary@labor.idaho.gov
or Craig.Shaul@labor.idaho.gov

Idaho’s seasonally adjusted unemployment rate was 2.6% in November, down 0.2 percentage points from October.

The state’s labor force grew by 1,017 people (0.1%) to 908,676 – marking four consecutive months with over-the-month labor force increases exceeding 1,000.

Labor force participation decreased slightly from 62.4% to 62.3% in November – a new historic low. Idaho’s peak participation rate reached 71.4% in September 1998.

Total employment grew by 2,309 to 884,865, up 0.3%, while total unemployment dropped 1,292 (5.1%) to 23,811.

Idaho’s nonfarm payroll jobs exceeded seasonal expectations at 787,900 in November, up 0.1% (800 jobs) from October. Industries showing growth included arts, entertainment and recreation (6.3%); private educational services (1.5%); transportation, warehousing and utilities (1.4%); wholesale trade (1.2%); retail trade (0.3%) and health care and social services (0.2%).

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Idaho’s September Unemployment Unchanged at 2.9 Percent

NEWS RELEASE

For Immediate Release: Oct. 18, 2019
Information Contact: Craig Shaul (208) 332-3570 ext. 3201 or Karen Jarboe Singletary (208) 332-3570 ext. 3215

Nonfarm Job Growth Second Highest in the Nation

Idaho’s seasonally adjusted unemployment rate remained at 2.9 percent in September for the third consecutive month.

An additional 2,906 people made themselves available for work in September, pushing Idaho’s seasonally adjusted labor force up to 882,214. The number of unemployed increased by 136 to 25,626. Total employment grew by 2,770 to 856,588.

Idaho’s labor force participation rate – the percentage of people age 16 years or older working or looking for work – has been slowly increasing since June 2019 and reached 64.1 percent in September.

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Idaho’s May Unemployment Rate Unchanged at 2.8 Percent

NEWS RELEASE

For Immediate Release: June 21, 2019
Information Contact: Craig Shaul (208) 332-3570 ext. 3201 or Karen Jarboe Singletary (208) 332-3570 ext. 3215

Steady Nonfarm Job Growth Continues

Idaho’s seasonally adjusted unemployment rate remained steady at 2.8 percent in May, the 18th consecutive month at or below 3 percent.

An additional 1,622 people made themselves available for work between April and May, pushing Idaho’s seasonally adjusted labor force up to 871,505. The number of unemployed decreased by 84 to 24,593. Total employment grew by 1,706 to 846,912.

Idaho’s labor force participation rate – the percentage of people age 16 years or older working or looking for work – remained at 63.8 percent for the sixth consecutive month, as job growth continued to match the increase of people seeking work.

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Idaho’s April Unemployment Rate Down Slightly to 2.8 Percent

NEWS RELEASE

For Immediate Release: May 17, 2019
Information Contact: Craig Shaul (208) 332-3570 ext. 3201 or Karen Jarboe Singletary (208) 332-3570 ext. 3215

Steady Nonfarm Job Growth Continues

Idaho’s seasonally adjusted unemployment rate dropped slightly to 2.8 percent in April, the 17^th consecutive month at or below 3 percent.

An additional 1,768 people made themselves available for work between March and April, pushing Idaho’s seasonally adjusted labor force up to 869,968. The number of unemployed decreased by 234 – down nearly one percent to 24,683. Total employment grew by 2,002 to 845,285.

Idaho’s labor force participation rate – the percentage of people age 16 years or older working or looking for work – increased to 63.9 percent.

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Idaho’s December Unemployment Rate Unchanged at 2.6 Percent

News Release

For Immediate Release: Jan. 18, 2019
Information Contact: Craig Shaul (208) 332-3570 ext. 3201 or Karen Jarboe Singletary (208) 332-3570 ext. 3215

Idaho’s seasonally adjusted unemployment rate remained unchanged at 2.6 percent in December – the 16^th consecutive month the rate has been at or below 3 percent.

The state’s labor force – the total number of people age 16 years or older working or looking for work – increased slightly by two tenths of a percent from November, up 2,013 people to 856,337.

The number of people working increased by 1,823 for a total of 833,756, while the number of unemployed dropped by 190 to 22,581. Continue reading →

Idaho’s October Unemployment Rate Holds at 2.7 Percent

NEWS RELEASE

For Immediate Release: Nov. 16, 2018
Information Contact: Craig Shaul (208) 332-3570 ext. 3201 or Karen Jarboe Singletary (208) 332-3570 ext. 3215

Idaho’s seasonally adjusted unemployment rate stayed at 2.7 percent in October, unchanged from September and continuing at or below 3 percent for the 14th consecutive month.

The state’s labor force – the total number of people 16 years of age and older working or looking for work – was essentially unchanged since July at 853,444.

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Idaho’s August Unemployment Rate Declined to 2.8 Percent

NEWS RELEASE

For Immediate Release: Sept. 21, 2018
Information Contact: Robert Kabel (208) 332-3570 ext. 3886 or Karen Jarboe Singletary (208) 332-3570 ext. 3215

Over-the-Year Job Growth Remains Strong

Idaho’s seasonally adjusted unemployment rate declined slightly to 2.8 percent in August, continuing at or below 3 percent for the 12th consecutive month.

The state’s labor force – the total number of people 16 years of age and older working or looking for work – was virtually unchanged at 852,878 people, breaking a streak of month-to-month increases.

Total employment increased by 676 to 828,864, continuing to grow though at a slower rate than earlier in the year. The number of unemployed decreased by 588 people to 24,603.

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Idaho’s July Unemployment Rate Unchanged at 2.9 Percent

NEWS RELEASE

For Immediate Release: Aug. 17, 2018
Information Contact: Craig Shaul (208) 332-3570 ext. 3201 or Robert Kabel (208) 332-3570 ext. 3886

Over-the-Year Job Growth Second in Nation Behind Utah

Idaho’s seasonally adjusted unemployment rate remained at 2.9 percent in July, continuing at or below 3 percent for the 11th consecutive month.

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 1,086 people from June to July for a total of 852,714.

Total employment increased by 998 to 828,111, keeping pace with the state’s labor force growth, while the number of unemployed remained virtually unchanged at 24,603.

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