Tag Archives: nonfarm jobs

Idaho’s August unemployment rate increases to 3%

NEWS RELEASE

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.

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Idaho’s July unemployment rate increases to 2.8%

NEWS RELEASE

For Immediate Release: Aug. 18, 2023
Media Contact: Craig.Shaul@labor.idaho.gov or John.Panter@labor.idaho.gov

Idaho’s seasonally adjusted unemployment rate experienced a slight increase in July, rising from June’s rate of 2.7% to 2.8%.

July’s labor force – workers who are employed or unemployed but looking for work – increased by 1,058 people to 965,314.

Idaho’s labor force participation rate – the percentage of the non-institutionalized civilian population at least 16 years of age and older in the labor force – decreased to 62.4% in July from 62.5% in June.

Total employment decreased by 453 to 938,097 while unemployment increased by 1,511 to 27,217.

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Idaho’s June unemployment rate increases to 2.7%

NEWS RELEASE

For Immediate Release: July 21, 2023
Media Contact: Salvador.Vazquez@labor.idaho.gov or John.Panter@labor.idaho.gov

Idaho’s seasonally adjusted unemployment rate experienced a slight increase in June, rising by one-tenth of a percentage point from 2.6% in May to 2.7%.

June’s labor force – workers who are employed or unemployed but looking for work – increased by 1,778 people (0.2%) to 964,246.

Idaho’s labor force participation was unchanged between May and June, remaining at 62.5%.

Total employment increased by 1,058 (0.1%) to 938,529 while unemployment increased by 720 (2.9%) to 25,717.

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Idaho’s May unemployment rate remains at 2.6%

NEWS RELEASE

For Immediate Release: June 16, 2023
Media Contact: Craig.Shaul@labor.idaho.gov or John.Panter@labor.idaho.gov

Idaho’s seasonally adjusted unemployment rate was 2.6% in May, remaining unchanged for the fourth consecutive month.

May’s labor force – workers who are employed or unemployed but looking for work – increased by 1,719 people (0.2%) to 962,466.

Idaho’s labor force participation was unchanged between April and May, remaining at 62.5%.

Total employment increased by 1,215 (0.1%) to 937,462 as unemployment increased by 504 (2.1%) to 25,004.

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Idaho’s March unemployment rate remains at 2.6%

NEWS RELEASE

For Immediate Release: April 21, 2023
Media Contact: Craig.Shaul@labor.idaho.gov or John.Panter@labor.idaho.gov

Idaho’s seasonally adjusted unemployment rate was 2.6% in March, unchanged from February’s rate.

March’s labor force – workers who are employed or unemployed but looking for work – increased by 1,905 people (0.2%) to 960,017.

Idaho’s labor force participation was unchanged between February and March, remaining at 62.6%.

Total employment increased by 2,364 (0.3%) to 935,335 as unemployment decreased by 459 (-1.8%) to 24,682.

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Idaho’s December unemployment rate down slightly to 2.9%

NEWS RELEASE

For Immediate Release: Jan. 20, 2023
Media Contact: Craig.Shaul@labor.idaho.gov or John.Panter@labor.idaho.gov

Idaho’s seasonally adjusted unemployment rate was 2.9% in December, edging down from 3% in November.

December’s labor force – workers who are employed or unemployed but looking for work – increased by 587 people (0.1%) to 963,957, the smallest increase since the previous December’s decline of 100 (-0.01%).

With the labor force growing at a slower pace than the civilian population, Idaho’s labor force participation decreased by 0.1 percentage points to 62.4%.

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Idaho’s October unemployment rate up slightly to 2.9%

NEWS RELEASE

For Immediate Release: Nov. 18, 2022
Media Contact: Craig.Shaul@labor.idaho.gov or John.Panter@labor.idaho.gov

Idaho’s seasonally adjusted unemployment rate edged up from 2.8% in September to 2.9% in October – the ninth consecutive month the state rate has been below 3%.

October’s labor force saw gains in both employed and unemployed workers. The number of Idahoans employed or looking for work grew by 1,714 people (0.2%) to 961,441. Total employment increased by only 455 to 933,268. The total number of unemployed increased by 1,259 (4.7%) to 28,173.

Labor force participation decreased by 0.1 percentage points to 62.6%.

Idaho’s nonfarm jobs increased by 1,200 to 827,900 in October. Industry sectors with the greatest over-the-month gains include accommodation and food services (4.8%); natural resources (2.3%); management of companies & enterprises (1.2%); real estate rental and leasing (1.0%); administration, support and waste management services (0.6%); and arts, entertainment and recreation (0.6%).

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Idaho’s August unemployment rate increases slightly to 2.7%

NEWS RELEASE

For Immediate Release: Sept. 16, 2022
Media Contact: Craig.Shaul@labor.idaho.gov or Karen.JarboeSingletary@labor.idaho.gov

Labor force expands by 4% over the year

Idaho’s seasonally adjusted unemployment rate was 2.7% in August, up 0.1 percentage points from July – the seventh consecutive month Idaho has been below 3%.

August’s labor force growth saw increases in both employed and unemployed persons. The number of Idahoans employed or looking for work grew by 4,384 people (0.5%) to 956,785. Total employment grew by 3,103 (0.3%) to 931,077 while total unemployment increased by 1,281 (5.2%) to 25,708.

Labor force participation increased by 0.1 percentage points between July and August to 62.7%. Idaho’s peak participation rate reached 71.4% in September 1998.

Idaho’s nonfarm jobs met seasonal expectations in August, showing an adjusted increase of only 200 jobs to 822,600. Industry sectors with the greatest over-the-month gains include transportation, warehousing and utilities (0.9%); arts, entertainment and recreation (0.6%); and construction (0.5%). Continue reading →

Idaho’s July unemployment rate shows slight increase to 2.6%

NEWS RELEASE

For Immediate Release: Aug. 19, 2022
Media Contact: Craig.Shaul@labor.idaho.gov or Karen.JarboeSingletary@labor.idaho.gov

Idaho’s seasonally adjusted unemployment rate was 2.6% in July, up 0.1 percentage points from June.

The number of Idahoans employed or looking for work grew by 3,938 people (0.4%) to 952,500. Labor force participation increased by 0.1 percentage points between June and July to 62.6%. Idaho’s peak participation rate reached 71.4% in September 1998.

July’s labor force growth was caused by increases in both employed and unemployed persons. Total employment grew by 3,364 (0.4%) to 927,974 while total unemployment increased by 574 (2.4%) to 24,526.

According to Help Wanted Online, there were 63,010 online job postings in Idaho during July, equating to 2.6 job openings for every unemployed Idahoan looking for work.

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Idaho’s June unemployment rate remains at 2.5%

NEWS RELEASE

For Immediate Release: July 22, 2022
Media Contact: Craig.Shaul@labor.idaho.gov or Karen.JarboeSingletary@labor.idaho.gov

Idaho’s seasonally adjusted unemployment rate was 2.5% in June, unchanged from May and remaining at a historic low.

The number of Idahoans employed or looking for work grew by 5,190 people (0.6%) to 948,576. Labor force participation increased by 0.1 percentage points between May and June to 62.5%. Idaho’s peak participation rate reached 71.4% in September 1998.

June’s labor force growth was caused by increases in both employed and unemployed persons. Total employment grew by 4,807 (0.5%) to 924,605 while total unemployment increased by 383 (1.6%) to 23,971.

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