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Idaho’s seasonally adjusted unemployment rate was unchanged between May and June, remaining at 3.6%.
June’s labor force decreased by 541 people (-0.1%) to 1,010,662 while the labor force participation rate – the percentage of people 16 years or older who are either employed or looking for work – decreased by 0.1 percentage point between May and June, down to 63.4%. Total employment decreased by 426 to 973,958 and unemployment decreased by 115 (-0.3%) to 36,704.
The department’s Labor Market Research Manager Craig Shaul and Labor Economists Jan Roeser and Seth Harrington discuss changes over the past 20 years in the state’s rural demographics.
Read articles about the Idaho economy in our newsletter, Idaho Employment News.
The population of those 65 and over continues to increase in the counties of Idaho that contain a large amount of agricultural land. As a result, older Idahoans who own this land are at a crossroads of whether to pass it to a successor or sell it when they can no longer tend to it themselves.