Around Northern Idaho: Economic activity, August 2024

Sam Wolkenhauer, regional economist
Idaho Department of Labor
(208) 696-2353

Region

  • Labor demand in northern Idaho remained stable in July, 2024, with a total of 2,043 unique job postings in the region – a slight uptick from 1,872 in June. The unemployment rate rose slightly in July from 4.6% to 4.8%, increasing by a full percentage point from July 2023. Overall, total employment has decreased slightly over the last year.

Figure 1.
Northern Idaho seasonally adjusted dataJuly-24 (P)June-24 (R)July-23 (B)
Civilian labor force127,432126,665126,184
Total employment121,310120,822121,383
Unemployment6,1225,8434,801
% of labor force unemployed4.8%4.6%3.8%
Source: Idaho Department of LaborP – Preliminary, R – Revised, B – Benchmarked
Figure 2.
Top 10 occupations by unique job postings in northern Idaho, July 2024Postings, July-24Postings, July-23
Retail salespersons85100
Home health and personal care aides7733
Registered nurses72119
Customer service representatives4748
Unclassified occupation4755
Fast food and counter workers4322
Laborers, freight, stock, material movers and hand3447
Janitors, cleaners, except maids and housekeepers3321
First-line supervisors of retail sales workers3265
Food service managers3021
Source: Conference Board data via Lightcast
Figure 3.
Top 10 industries by job unique postings in northern Idaho, June 2024Postings, July-24
Postings, July-23
Health care and social assistance318288
Retail trade266301
Administrative and support services172202
Accommodation and food services126151
Wholesale trade92108
Finance and insurance79125
Professional, scientific and technical services7683
Manufacturing68132
Educational services6761
Other services5648
Source: Conference Board data via Lightcast
Figure 4.
Top 10 hardest-to-fill occupations in northern Idaho, June 2024Median duration, July-24Median duration, July-23
Crane and tower operators30N/A
Carpenters28N/A
Medical records specialists28N/A
Surveyors28N/A
Industrial truck and tractor operators28N/A
Welders, cutters, solderers and brazers2819
Helpers in installation, maintenance and repair workers26N/A
Accountants and auditors25N/A
Demonstrators and product promoters22N/A
Home health and personal care aides2110
Source: Conference Board data via Lightcast

Region News

  • An International Joint Commission comprising both American and Canadian officials will conduct a study evaluating contamination in the Kootenai River, which flows across the Idaho-Canada border and runs through Bonner’s Ferry in Boundary County. The study relates to concerns raised by Native American tribes and environmental groups, including the Kootenai Tribe, which has seen rising selenium levels in the river threaten fish stocks. Pollution in the river is suspected to originate from coal mines in British Columbia’s Elk Valley. Source: Idaho Capital Sun

Kootenai County

  • Stratford Building Corp., based in Rathdrum, has launched a new product line of modular homes. Dubbed the “Living Small” brand, the new line provides a flexible assortment of modular spaces which provide for multiple floorplans ranging from 450 to 840 square feet. The component buildings are constructed in Stratford’s Rathdrum facility and can be completed in between four and six weeks. Stratford offers the modular “tiny homes” as an innovative way to increase housing stock without putting additional pressure on land development. Source: Journal of Business
  • Development has begun on a new $20 million retail center in Post Falls. The new development, to be named North Point Plaza, currently has five available lots, with a 7-11 and an anchor Grocery Outlet store under construction. Source: Journal of Business
  • Post Falls ER & Hospital has opened in Post Falls, providing emergency and trauma care with ambulance services through Kootenai County Emergency Medical Service and American Medical Response. The 21,000 square foot facility includes five inpatient beds, 12 emergency room beds and will employ 14 physicians and 50 support staff. Source: Journal of Business
  • Northwest Surgery Center opened a new outpatient surgery center in Post Falls. Operating in partnership with Northwest Specialty Hospital, the 9,000 square foot facility will focus on ambulatory procedures including orthopedic and spinal operations. Source: the Coeur d’Alene Press

Openings

  • Konala (Coeur d’Alene)
  • DOMA Coffee (Coeur d’Alene)
  • Spero Naturopathic Medicine (Coeur d’Alene)
  • ARG Industrial (Hayden)
  • Big Toys Condos (Sandpoint)
  • T-Mobile (Sandpoint)

This Idaho Department of Labor project is funded by the U.S. Department of Labor for SFY24 as part of the Workforce Information grant (48%) and state/nonfederal (52%) totaling $704,259.

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