Idaho’s May unemployment rate remains at 3.3%

State first in nation for over-the-month nonfarm job growth at 0.9%

Idaho’s seasonally adjusted unemployment rate was 3.3% in May, unchanged since September 2023.

The state’s labor force increased by 1,679 people (0.2%) to 975,713 while the labor force participation rate — the percentage of people 16 years of age or older who are either employed or looking for work — remained at 62.7% between April and May.

Read more… (6/21/24)

Preliminary Monthly County Data

Updated 6/21/2024

State data and average annual rates

Updated 6/21/2024

What is unemployment insurance?

Unemployment insurance is a program for the accumulation of funds paid by employers to be used for payments of unemployment insurance to workers during periods of unemployment, which are beyond their control.

The Idaho Department of Labor gathers unemployment insurance data to study, analyze, model and forecast the economic impact of unemployment on the state’s economy.

Related unemployment insurance links

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