Unemployment Insurance Reports

The national unemployment insurance program was developed in 1935 in response to the Great Depression and is designed to pay benefits to individuals who are unemployed through no fault of their own. Because unemployment insurance benefits allow unemployed individuals and their families to continue paying bills, it helps maintain the incomes and spending power of stores, landlords, banks and comunity service providers. Unemployment insurance softens the blow and reduces the snowball effect that job losses can have on the economy. Unemployment insurance promotes stability by making it possible for employers to retain workers during the off-season or during a short downturn. The Idaho Department of Labor gathers unemployment insurance data to study, analyze, model and forecast the economic impact of unemployment on the state's economy.

What's News

Labor Department Begins Processing Extended Benefit Claims

The Idaho Department of Labor on Monday began notifying 20,000 unemployment insurance claimants who have already exhausted their state benefits that they are potentially eligible for extended benefits if they have not found full-time work yet. Read More ... 7/21/2008

*Unemployment Insurance claims data for extended benefit claims is now available for July. Open Report 8/12/08

Unemployment Insurance Trust Fund Monthly Update

The trust fund decreased by more than $2 million from June to July. Benefits totaling $12.8 million were paid to jobless workers while revenue from experienced-rated employers was $10.1 million. Since the year began, the trust fund has paid out more in benefits each month than it received in contributions from employers. Compared to July 2007, payouts were 90 percent higher in July 2008 while contributions were 46 percent lower. On a year-to-date basis benefits paid amounted to $125 million compared to $75 million in the same period of 2007. Based on current trends, the larger benefits-to-contributions ratio will cause tax rates to increase in 2008 but remain below 2006 levels. Open Report 08/15/2008

Reports

Weekly Activity Report

Unemployment Insurance activity continues to show signs of a struggling economy. Open Report 09/05/2008

Unemployment Insurance Benefits Paid by County

All Programs & Entitlements excluding Emergency Unemployment Compensation 2008 Open Report 08/12/2008

All Programs & Entitlements under the Emergency Unemployment Compensation 2008 Open Report 08/12/2008

Unemployment Insurance Trust Fund Data

July 2008	Open Report	08/12/2008
June 2008	Open Report	07/17/2008