For Immediate Release:March 22, 2019
Information Contact: Craig Shaul (208) 332-3570 ext. 3201 or Karen Jarboe Singletary (208) 332-3570 ext. 3215
Fastest in the Nation for Over-the-Month Job Growth
Idaho’s seasonally adjusted unemployment rate for February increased slightly from January to 2.9 percent, the 15th consecutive month at or below 3 percent.
Idaho nonfarm jobs increased by 3,600 (up 0.5 percent) for a monthly total of 750,600. February’s increase was the fastest job growth rate in the nation and the second-largest statistically significant job increase added by any state.
The largest month-to-month industry job gains were in professional and business services (+2.3 percent), manufacturing (+1.3 percent) and education and health services (+0.7 percent). Construction, information and leisure and hospitality were the only three sectors that experienced job declines, shedding a total of 1,400 jobs. Continue reading