For Immediate Release: Sept. 15, 2023
Media Contact: Craig.Shaul@labor.idaho.gov or
John.Panter@labor.idaho.gov
Idaho’s seasonally adjusted unemployment rate increased in August, rising by two-tenths of a percent from 2.8% in July to 3%. This is the first time the state’s unemployment rate has been at or above 3% since November 2021.
August’s labor force increased by 1,874 people (0.2%) to 967,145.
Idaho’s labor force participation rate – the percentage of people 16 years of age or older who are employed or looking for work if unemployed – remained at 62.4% in August.
Total employment was effectively unchanged with an increase of 121 to 938,190 while unemployment increased by 1,753 (6.4%) to 28,955.