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Idaho’s November unemployment rate remains at 3.7%
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.
Idaho’s long-term industry and employment projections webinar
Labor economist Sam Wolkenhauer discusses Idaho’s housing interest rates and home inventories.
Idaho Employment Newsletter
Read articles about the Idaho economy in our newsletter, Idaho Employment News.
Idaho’s labor markets normalize and project further growth
Within the span of a few years, Idaho experienced record levels of both unemployment and unfilled jobs, reaching both extremes of the labor market. Idaho reached its highest ever level of unemployment in April 2020 at 11.8%, before plunging to its lowest unemployment rate in history in April 2022 at 2.7%.