Local Area Unemployment Statistics
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.
Read more… (8/16/2024)
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 people employed, unemployed and the unemployment rate — at the state, county and labor market area levels and for selected cities.