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Idaho’s March unemployment rate remains at 3.7%
State first in nation for over-the-year nonfarm job growth at 2.7%
Idaho’s seasonally adjusted unemployment rate was unchanged between February and March, remaining at 3.7%.
March’s labor force decreased by 667 (-0.1%) people to 1,011,659 while the labor force participation rate – the percentage of people 16 years of age or older who are either employed or looking for work – decreased by 0.1 percentage point between February and March, down to 63.7%.
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
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Construction industry has highest percentage growth in Idaho
Idaho’s construction industry is one of the top industries, besides health care and social assistance, with the highest percentage growth in Idaho. The industry has grown over 60% from 2004 to 2024, driven by accelerated population gains and economic development from the past few decades.