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Idaho’s December unemployment rate increases to 3.8%
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.
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 poverty rate 15th lowest in the country
Idaho’s poverty rate is at 10.6%, ranking 15th lowest among the 50 states, District of Columbia and Puerto Rico, according to the U.S. Census Bureau’s recently released 2019-2023 data. The state has dropped five percentage points from the prior (2014-2018) level of 15.6% improving from its previous 28th rank.