Tag Archives: unemployment rate release

Idaho’s June Unemployment Rate Unchanged at 2.9 Percent

NEWS RELEASE

For Immediate Release: July 20, 2018
Information Contact: Karen Jarboe Singletary (208) 332-3570 ext. 3215 or Robert Kabel (208) 332-3570 ext. 3886

— Sixth Month in Top Two Over-the-Year Job Growth in the Nation —

Idaho’s seasonally adjusted unemployment rate remained at 2.9 percent in June, continuing at or below 3 percent for the 10th 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 971 people from May to June for a total of 851,599.

Total employment increased by 1,032 to 827,084, keeping pace with the state’s labor force growth, while the number of unemployed remained virtually unchanged at 24,515. Continue reading

August Unemployment Rate Holds Steady at 3.8%

Idaho ‘s Over-the-Year Job Growth is Nation’s Fastest

Idaho’s seasonally adjusted unemployment rate was 3.8 percent in August. Nationally unemployment held steady at 4.9 percent.

For the sixth time this year, Idaho was No. 1 in the nation for over-the-year job growth in August. An additional 22,000 jobs – a 3.3 percent increase – was driven by across-the-board gains in all industries. Construction grew the fastest with a 9.2 percent increase followed by growth in financial activities, other services and information.

Month-to-month, growth in the state’s seasonally adjusted nonfarm payrolls remained steady between July and August, adding only 100 jobs.

For more information, read the full news release.