Local Area Unemployment Statistics
Idaho’s March unemployment rate remains at 3.3%
State first in nation for over-the-year nonfarm job growth at 3.7%
Idaho’s seasonally adjusted unemployment rate was 3.3% in March, unchanged since September 2023.
The state’s labor force increased by 2,029 people (0.2%) to 971,488 while the labor force participation rate — the percentage of people 16 years of age or older who are either employed or looking for work — held steady at 62.6% between February and March.
Read more… (4/19/24)
What is the Local Area Unemployment Statistics program?
The Local Area Unemployment Statistics program is a federal-state cooperative venture that counts the number of people working — not jobs — by where they live. The data collected include individuals either working or actively seeking work during any part of the week that includes the 12th of the month. The results are used to develop monthly estimates of labor force statistics — the number of persons employed, unemployed and the unemployment rate — at the state, county and labor market area levels and for selected cities.