Tag Archives: unemployment rate

Idaho’s October unemployment rate edges up to 3.2%

NEWS RELEASE

For Immediate Release: Nov. 17, 2023
Media Contact: Craig.Shaul@labor.idaho.gov or John.Panter@labor.idaho.gov

– State leads the nation in over-the-year nonfarm job growth at 3.5% –

Idaho’s seasonally adjusted unemployment rate increased to 3.2% in October from 3.1% in September.

The state’s labor force increased by 1,900 people (0.2%) to 971,208.

Idaho’s labor force participation rate – the percentage of people 16 years of age or older who are either employed or looking for work – remained at 62.4% in October.

Total employment increased by 693 (0.1%) to 939,743 as unemployment increased by 1,207 (4.6%) to 31,465 – the highest number of unemployed in Idaho since June 2021.

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Idaho’s September unemployment rate increases to 3.1%

NEWS RELEASE

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

Idaho third in the nation for over-the-year nonfarm job growth

Idaho’s seasonally adjusted unemployment rate increased in September, rising by one-tenth of a percent to 3.1% from 3% in August.

September’s labor force increased by 2,171 people (0.2%) to 969,376.

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 September.

Total employment increased by 852 (0.1%) to 939,110 as unemployment increased by 1,319 (4.6%) to 30,266 — the highest number of unemployed in Idaho since June 2021.

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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 April unemployment rate remains at 2.6%

NEWS RELEASE

For Immediate Release: May 19, 2023
Media Contact: Craig.Shaul@labor.idaho.gov or John.Panter@labor.idaho.gov

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

April’s labor force – workers who are employed or unemployed but looking for work – increased by 744 people (0.1%) to 960,758.

Idaho’s labor force participation decreased by 0.1 percentage point between March and April, dropping to 62.5%.

Total employment increased by 917 (0.1%) to 936,253 as unemployment decreased by 173 (-0.7%) to 24,505.

Idaho’s nonfarm jobs increased by 500 (0.1%) to 847,300 in April. Industry sectors with the greatest over-the-month gains include information (4.2%); natural resources (2.3%); arts, entertainment and recreation (1.4%); transportation, warehousing and utilities (0.9%); construction (0.7%); and state government (0.6%).

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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 February unemployment rate down to 2.6%

NEWS RELEASE

For Immediate Release: March 24, 2023
Media Contact: Craig.Shaul@labor.idaho.gov or John.Panter@labor.idaho.gov

Idaho’s seasonally adjusted unemployment rate was 2.6% in February, edging down from January’s revised rate of 2.7%.

January’s labor force – workers who are employed or unemployed but looking for work – increased by 1,681 people (0.2%) to 958,117.

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

Total employment increased by 2,237 (0.2%) to 932,972 as unemployment decreased by 556 (-2.2%) to 25,145.

Idaho’s nonfarm jobs increased by 1,100 to 845,100 in February. Industry sectors with the greatest over-the-month gains include state government (4.7%), wholesale trade (2.2%), federal government (1.5%), information (1.1%), other services (1.1%), private education services (0.6%), and health care and social services (0.5%). Continue reading →

Idaho’s January unemployment rate down to 2.7%

NEWS RELEASE

For Immediate Release: March 13, 2023
Media Contact: Craig.Shaul@labor.idaho.gov or John.Panter@labor.idaho.gov

Idaho’s seasonally adjusted unemployment rate was 2.7% in January, edging down from the revised 2.8% rate in December.

December 2022’s unemployment rate was revised down from 2.9% due to the Bureau of Labor Statistics’ annual benchmarking process. This realignment of labor market variables is not an indicator of any changes in the state’s economy. (More information about the benchmarking process can be found below.)

January’s labor force – workers who are employed or unemployed but looking for work – increased by 1,593 people (0.2%) to 956,389.

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