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Idaho’s July unemployment rate increases to 3.5%
Idaho’s seasonally adjusted unemployment rate was 3.5% in July, an increase from June’s rate of 3.4%.
The state’s labor force increased by 3,922 people (0.4%) to 981,851 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 62.8% to 62.9% between June and July.
Idaho’s long-term industry and employment projections webinar
Labor economist Sam Wolkenhauer gives an overview on Idaho’s long-term industry and employment projections.
Idaho Employment Newsletter
Read articles about the Idaho economy in our newsletter, Idaho Employment News.
Idaho’s agricultural evolution: Insights from the U.S. Census
Idaho’s agricultural roots run deep, with certain regions of the state maintaining this traditional economic base within the broader sector of agri-business.
According to the U.S. Census of Agriculture’s 2022 data, Idaho lost 2,119 farms and 144,000 acres of farmland between 2017 and 2022. While this sounds alarming, it’s important to understand Idaho’s industries usually follow national trends.