Idaho’s October Unemployment Rate Drops to 2.8%

department-of-labor

Idaho’s seasonally adjusted unemployment rate was 2.8% in October, down 0.1 percentage points from September.

The state’s labor force grew by 1,470 to 907,622 – the second largest over-the-month increase this year. The labor force participation rate remained at 62.4%.

Total employment grew by 2,270 to 882,543, up 0.3%, while total unemployment dropped 3.2%.

Job numbers exceeded seasonal expectations in private educational services; arts, entertainment and recreation; manufacturing; wholesale trade; state government; and construction.

Idaho’s nonfarm payroll jobs were 1,300 below seasonal expectations at 785,700 in October, down 0.2% from 787,000 in September.

Lewiston led the state’s Metropolitan Statistical Areas in over-the-month nonfarm job growth with a 0.3% increase followed by Boise at 0.1%.

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