Tag Archives: Unemployment rate

Idaho’s December unemployment rate increases to 3.8%

NEWS RELEASE

For Immediate Release: Jan. 24, 2025
Media Contact: William.Winkle@labor.idaho.gov or Craig.Shaul@labor.idaho.gov

– Idaho’s seasonally adjusted labor force over one million for first time –

Idaho’s seasonally adjusted unemployment rate was 3.8% in December, up from 3.7% in November.

The state’s labor force increased by 4,108 people (0.4%) to 1,000,658 while the labor force participation rate — the percentage of people 16 years of age or older who are either employed or looking for work — increased from 63.4% to 63.6% between November and December.

This is the first time Idaho’s seasonally adjusted labor force has had over one million participants in the state’s history. Continue reading →

Idaho’s November unemployment rate remains at 3.7%

NEWS RELEASE

For Immediate Release: Dec. 20, 2024
Media Contact: William.Winkle@labor.idaho.gov or Craig.Shaul@labor.idaho.gov

Editor’s note: This release was updated Dec. 20 at 1:55 p.m. MST to include the following statistic: Idaho’s seasonally adjusted over-the-year nonfarm job increase of 3.1% was first in the nation.

– State first in nation for over-the-year nonfarm job growth at 3.1% –

Idaho’s seasonally adjusted unemployment rate was 3.7% in November, unchanged from October.

The state’s labor force increased by 3,188 people (0.3%) to 996,574 while the labor force participation rate — the percentage of people 16 years of age or older who are either employed or looking for work — increased from 63.3% to 63.4% between October and November.

Total employment increased by 2,537 (0.3%) to 959,460 as unemployment increased by 651 (1.8%) to 37,114. Continue reading →

Idaho’s October unemployment rate increases to 3.7%

NEWS RELEASE

For Immediate Release: Nov. 15, 2024
Media Contact: William.Winkle@labor.idaho.gov or Craig.Shaul@labor.idaho.gov

Idaho’s seasonally adjusted unemployment rate was 3.7% in October, up from 3.6% in September.

The state’s labor force increased by 3,738 people (0.4%) to 993,428 while the labor force participation rate — the percentage of people 16 years of age or older who are either employed or looking for work — increased from 63.2% to 63.3% between September and October.

Total employment increased by 3,037 (0.3%) to 956,960 as unemployment increased by 701 (2%) to 36,468.

Continue reading →

Idaho’s September unemployment rate increases to 3.6%

NEWS RELEASE

For Immediate Release: Oct. 18, 2024
Media Contact: William.Winkle@labor.idaho.gov or Craig.Shaul@labor.idaho.gov

– State first in nation for over-the-month nonfarm job growth at 0.7% –

Idaho’s seasonally adjusted unemployment rate was 3.6% in September, up from 3.5% in August.

The state’s labor force increased by 4,019 people (0.4%) to 989,744 while the labor force participation rate — the percentage of people 16 years of age or older who are either employed or looking for work — increased from 63.1% to 63.2% between August and September.

Total employment increased by 3,184 (0.3%) to 953,973 as unemployment increased by 835 (2.4%) to 35,771. Continue reading →

Idaho’s August unemployment rate remains at 3.5%

NEWS RELEASE

For Immediate Release: Sept. 20, 2024
Media Contact: William.Winkle@labor.idaho.gov or Craig.Shaul@labor.idaho.gov

Idaho’s seasonally adjusted unemployment rate was 3.5% in August, unchanged from July.

The state’s labor force increased by 3,851 people (0.4%) to 985,722 while the labor force participation rate — the percentage of people 16 years of age or older who are either employed or looking for work — increased from 62.9% to 63.1% between July and August.

Total employment increased by 2,983 (0.3%) to 950,781 as unemployment increased by 868 (2.5%) to 34,941.

Continue reading →

Idaho’s July unemployment rate increases to 3.5%

NEWS RELEASE

For Immediate Release: Aug. 16, 2024
Media Contact: William.Winkle@labor.idaho.gov or
John.Panter@labor.idaho.gov

Idaho’s seasonally adjusted unemployment rate was 3.5% in July, an increase from June’s rate of 3.4%.

The state’s labor force increased by 3,922 people (0.4%) to 981,851 while the labor force participation rate — the percentage of people 16 years of age or older who are either employed or looking for work — increased from 62.8% to 62.9% between June and July.

Total employment increased by 3,001 (0.3%) to 947,774 as unemployment increased by 921 (2.8%) to 34,077. Continue reading →

Idaho’s June unemployment rate increases to 3.4%

NEWS RELEASE

For Immediate Release: July 19, 2024
Media Contact: William.Winkle@labor.idaho.gov
or Craig.Shaul@labor.idaho.gov

Idaho’s seasonally adjusted unemployment rate was 3.4% in June, an increase from May’s rate of 3.3%.

The state’s labor force increased by 2,227 people (0.2%) to 977,902 while the labor force participation rate — the percentage of people 16 years of age or older who are either employed or looking for work — increased from 62.7% to 62.8% between May and June.

Total employment increased by 1,649 (0.2%) to 944,740 as unemployment increased by 578 (1.8%) to 33,162.

Continue reading →

Idaho’s May unemployment rate remains at 3.3%

NEWS RELEASE

For Immediate Release: June 21, 2024
Media Contact: William.Winkle@labor.idaho.gov or Craig.Shaul@labor.idaho.gov

– State first in nation for over-the-month nonfarm job growth at 0.9% –

Idaho’s seasonally adjusted unemployment rate was 3.3% in May, unchanged since September 2023.

The state’s labor force increased by 1,679 people (0.2%) to 975,713 while the labor force participation rate — the percentage of people 16 years of age or older who are either employed or looking for work — remained at 62.7% between April and May.

Total employment increased by 1,363 (0.1%) to 943,123 as unemployment increased by 316 (1%) to 32,590.

Idaho’s nonfarm jobs increased by 7,600 (0.9%) to 871,000 in May — the largest percentage change among all states. Industry sectors with the greatest over-the-month increases included arts, entertainment, and recreation (10.4%); transportation, warehousing, and utilities (3%); private educational services (2.9%); state government (1.5%); wholesale trade (1.4%); professional and business services (1.2%); durable goods manufacturing (0.9%); health care and social services (0.9%); real estate rental and leasing (0.9%); and construction (0.7%). Continue reading →

Idaho’s April unemployment rate remains at 3.3%

NEWS RELEASE

For Immediate Release: May 17, 2024
Media Contact: William.Winkle@labor.idaho.gov or Craig.Shaul@labor.idaho.gov

Idaho’s seasonally adjusted unemployment rate was 3.3% in April, unchanged since September 2023.

The state’s labor force increased by 2,595 people (0.3%) to 974,053 while the labor force participation rate — the percentage of people 16 years of age or older who are either employed or looking for work — increased to 62.7% from March’s 62.6%.

Total employment increased by 2,606 (0.3%) to 941,771 as unemployment was relatively unchanged at 32,282. Continue reading →

Idaho’s March unemployment rate remains at 3.3%

NEWS RELEASE

For Immediate Release: April 19, 2024
Media Contact: William.Winkle@labor.idaho.gov or
Salvador.Vazquez@labor.idaho.gov

– State first in nation for over-the-year nonfarm job growth at 3.7% –

Idaho’s seasonally adjusted unemployment rate was 3.3% in March, unchanged since September 2023.

The state’s labor force increased by 2,029 people (0.2%) to 971,488 while the labor force participation rate — the percentage of people 16 years of age or older who are either employed or looking for work — held steady at 62.6% between February and March.

Total employment increased by 2,092 (0.2%) to 939,175 as unemployment decreased by 63 (-0.2%) to 32,313.

Idaho’s nonfarm jobs increased by 3,100 to 866,300 in March. Industry sectors with the greatest over-the-month gains included nondurable goods manufacturing (2.1%); arts, entertainment, and recreation (1.2%); other services (1.1%); finance and insurance (1.0%); state government (0.9%); construction (0.8%); wholesale trade (0.8%); federal government (0.7%); retail trade (0.6%); and durable goods manufacturing (0.5%).

Industries that experienced job declines in March included private educational services
(-1.8%) as well professional and business services (-0.8%).

Continue reading →