Idaho’s July Unemployment Rate Unchanged at 3%

department-of-labor

Idaho’s seasonally adjusted unemployment rate held steady at 3% from June to July.

Total employment grew to 876,204, up 0.1%, while total unemployment dropped 1.6% to 26,717.

Idaho’s labor force grew by one-tenth of a percent to 902,921, marking four consecutive months of gains.

In July, Idaho’s nonfarm payroll jobs increased to 790,800, up 0.4% from 787,900 in June. Industries showing solid job gains included local government; natural resources; financial activities; accommodation and food services; transportation, warehouse and utilities; and construction.

Five industries experienced notable job declines in July: information; durable goods manufacturing; nondurable goods manufacturing; arts, entertainment and recreation; and state government.

Year-over-year, total unemployment dropped 48.5% from July 2020 to 26,717 as out-of-work Idahoans returned to the job forece, pushing employment up 4.9% to 876,204. (Idaho Department of Labor)

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