News
Region
Labor demand in northern Idaho remained stable in August 2024, with a total of 1,923 unique job postings in the region – a slight decline from 2,043 in July. The unemployment rate rose slightly in August from 4.8% to 4.9%, increasing by 0.8% from August of last year. Overall, total employment has increased slightly over the last year.
Figure 1.| Northern Idaho seasonally adjusted data | Aug-24 (P) | July-24 (R) | Aug-23 (B) |
|---|---|---|---|
| Civilian labor force | 127,977 | 127,300 | 126,401 |
| Total employment | 121,686 | 121,180 | 121,231 |
| Unemployment | 6,291 | 6,120 | 5,170 |
| % of labor force unemployed | 4.9% | 4.8% | 4.1% |
| Source: Idaho Department of Labor | P – Preliminary, R – Revised, B – Benchmarked | ||
| Top 10 occupations by unique job postings in northern Idaho, July 2024 | Postings, Aug-24 | Postings, Aug-23 |
|---|---|---|
| Retail salespersons | 68 | 73 |
| Registered nurses | 64 | 92 |
| Laborers, freight, stock, material movers and hand | 40 | 60 |
| Merchandise displayers and window trimmers | 40 | 22 |
| Home health and personal care aides | 38 | 43 |
| Fast food and counter workers | 38 | 27 |
| Customer service representatives | 35 | 37 |
| Medical and health service managers | 33 | 14 |
| First-line supervisors of retail sales workers | 29 | 41 |
| Cashiers | 28 | 23 |
| Source: Conference Board data via Lightcast |
| Top 10 industries by unique job postings in northern Idaho, August 2024 | Postings, Aug-24 | Postings, Aug-23 |
|---|---|---|
| Health care and social assistance | 273 | 309 |
| Retail trade | 260 | 288 |
| Administrative and support services | 202 | 221 |
| Manufacturing | 122 | 144 |
| Accommodation and food services | 118 | 137 |
| Finance and insurance | 78 | 85 |
| Professional, scientific and technical services | 70 | 94 |
| Wholesale trade | 69 | 73 |
| Educational services | 50 | 56 |
| Construction | 47 | 55 |
| Source: Conference Board data via Lightcast |
| Top 10 hardest-to-fill occupations in northern Idaho, August 2024 | Median duration, Aug-24 | Median duration, Aug-23 |
|---|---|---|
| Automotive and watercraft service attendants | 27 | N/A |
| Reservation and transportation ticket agents and travel clerks | 27 | N/A |
| Sewing machine operators | 27 | N/A |
| Electricians | 26 | N/A |
| Preschool teachers, except special education | 25 | N/A |
| Cement masons and concrete finishers | 25 | 19 |
| First-line supervisors of mechanics, installers and repairers | 24 | N/A |
| Cashiers | 23 | N/A |
| Sales representatives, technical and scientific products | 23 | N/A |
| Machinists | 23 | 10 |
| Source: Conference Board data via Lightcast |
Region News
Bonner County
- The Idaho Department of Lands auctioned off eight (now-former) endowment lots on Priest Lake, netting more than $11.4 million, which was more than $500,000 above the appraised value of the lots. Source: Bonner County Daily Bee
Kootenai County
- A new family division land-use ordinance has gone into effect in Kootenai County. The new ordinance contains exemptions which will make it easier for property owners to divide their land to either sell or gift to family members, by allowing living property owners to divide unplotted land without following the county’s formal subdivision procedures. Source: Journal of Business
- Coeur d’Alene based Intermax Networks raised $60 million in private and public funds to extend fiber-optic infrastructure to underserved regional communities. Projects have begun to run fiber to rural communities in northern Idaho including Spirit Lake, Twin Lakes Village and to bring connectivity along Idaho Route 54. Source: Journal of Business
- Construction is beginning on a new interchange between State Highway 53 and Pleasant View Road. The $30 million Idaho Transportation Department project will include a new diamond interchange and additional lanes, which will eliminate several railroad crossings and greatly increase capacity. Preliminary work this autumn is not expected to impact traffic flows, with impacts to drivers beginning in spring 2025. Source: Coeur d’Alene Press
- The North Idaho Building Contractor’s Association held its annual Parade of Homes. The event allows regional builders to showcase their state-of-the-art projects with ticketed tours of homes. The event serves to both promote home builders and educate the public on the latest trends and innovations in home design. It also serves major fundraiser for the Building Contractor’s Association. Source: Coeur d’Alene Press
Openings
- Treehouse Restaurant (Coeur d’Alene)
- Armory Outpost (Hayden)
- Divine Nails & Spa (Coeur d’Alene)
- Honeysuckle Suites (Hayden)
- La Pinata (Post Falls)
- MAC Physical Therapy (Post Falls)
- Orchid Nails & Spa (Coeur d’Alene)
- Wholesome Plate (Coeur d’Alene)
- Paradigm Owners Rep Services (Coeur d’Alene)
- NorthLife Aesthetics (Coeur d’Alene)
- Bolton Law (Coeur d’Alene)
- Kayu International (Hayden)
- Sandpoint Ceramics (Sandpoint)
- Cultivation Counseling (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.
This workforce product was funded by a grant awarded by the U.S. Department of Labor’s Employment and Training Administration. The product was created by the recipient and does not necessarily reflect the official position of the U.S. Department of Labor. The U.S. Department of Labor makes no guarantees, warranties, or assurances of any kind, express or implied, with respect to such information, including any information on linked sites and including, but not limited to, accuracy of the information or its completeness, timeliness, usefulness, adequacy, continued availability, or ownership. This product is copyrighted by the institution that created it. Internal use by an organization and/or personal use by an individual for non-commercial purposes is permissible. All other uses require the prior authorization of the copyright owner.
Region
Southwestern Idaho’s single-family home sales – August 2023 and 2024
| Median price sold | 2024 | 2023 | Change |
|---|---|---|---|
| Ada | $536,655 | $520,000 | 3.2% |
| Adams | $371,000 | $459,999 | -19.3% |
| Boise | $390,000 | $440,000 | -11.4% |
| Canyon | $410,384 | $405,000 | 1.3% |
| Elmore | $379,990 | $330,000 | 15.1% |
| Gem | $456,750 | $519,000 | -12.0% |
| Owyhee | $390,000 | $363,000 | 7.4% |
| Payette | $360,000 | $365,164 | -1.4% |
| Valley | $632,500 | $730,000 | -13.4% |
| Washington | $334,489 | $359,000 | -6.8% |
| Source: Intermountain Multiple Listing Service | |||
| Days on market | 2024 | 2023 | Change |
|---|---|---|---|
| Ada | 39 | 34 | 14.7% |
| Adams | 122 | 80 | 52.5% |
| Boise | 73 | 54 | 35.2% |
| Canyon | 50 | 32 | 56.3% |
| Elmore | 73 | 39 | 87.2% |
| Gem | 40 | 62 | -35.5% |
| Owyhee | 51 | 39 | 30.8% |
| Payette | 41 | 60 | -31.7% |
| Valley | 62 | 67 | -7.5% |
| Washington | 68 | 44 | 54.5% |
| Regional average days | 62 | 51 | 21.1% |
| Source: Intermountain Multiple Listing Service | |||
Region
- In early September, the U.S. Drought Monitor downgraded most of the north central region from D1 Moderate Drought to D2 Severe Drought as dry conditions persist. Source: US Drought Monitor
- Wheat harvest in north central Idaho has been challenging due to extremely low market prices that could realistically result in operational losses for local farmers. Winter wheat had above average yields while spring wheat varied from below-to-average yields. Weather was listed as the top issue for the 2024 crop season. Source: PNW Co-Op
- A shortage of referees and officials is resulting in regional fall volleyball and football games being rescheduled and potentially canceled throughout the region. Source: Lewiston Tribune, KOZE, Idaho County Free Press
- Local government outlooks for the next fiscal year:
- Latah County is seeing budget increases for employee salaries, June 2025 Kohberger trial expenses, and grants covering internet broadband deployment offset by predicted lower revenue distributions from sales taxes and alcohol.
- The city of Moscow will increase property taxes by 4% and add three new paid paramedic/firefighter positions, $5 million toward the construction of a new city shop facility and proposed 4% cost of living increase to city staff. The city eliminated six positions in Fiscal Year 2024 that will remain vacant and unfunded for the upcoming year.
- Nez Perce County will purchase a microwave simulcast repeater for improved emergency communications, add a cybersecurity position, and pay final completion bills of the newly constructed county courthouse.
- The city of Lewiston plans to cut unfilled positions (transit driver, groundskeeper, administrative assistant and arborist) and reduce cash reserves to keep property tax rates flat in the upcoming year. It may look to hire more police officers for the 2025-26 fiscal year.
Region
Labor force estimates for August 2024 from the Idaho Department of Labor’s Local Area Unemployment Statistics had both total employment and total unemployment increasing slightly in the seven-county southeastern region. Seasonally adjusted, August’s preliminary estimates have labor force participants increasing by 112 people, with 131 more employed people and 19 fewer unemployed people. The seasonally adjusted unemployment rate is 3.5%, the same as July 2024 and 0.4% higher than August 2023.
| Southeastern Idaho, seasonally adjusted data | Aug-24 (P) | Jul-24 (R) | Aug-24 (B) |
|---|---|---|---|
| Civilian labor force | 91,202 | 91,090 | 87,962 |
| Total employment | 88,046 | 87,915 | 85,244 |
| Unemployment | 3,156 | 3,175 | 2,718 |
| % of labor force unemployed | 3.5% | 3.5% | 3.1% |
| Source: Idaho Department of Labor | P – Preliminary, | R – Revised, | B – Benchmark |
In August 2024, there were 530 unique online job postings in the southeastern Idaho labor market area, which decreased 26% from the prior month at 718 and 24% over the year at 695. The median job posting duration was 12 days, down one day from July and down two days from August 2023.
Region
Labor force estimates for August 2024 from the Idaho Department of Labor’s Local Area Unemployment Statistics have total employment and unemployment increasing in the nine-county eastern region. Seasonally adjusted, August’s preliminary estimates have labor force participants increasing by 352 people, with 333 more employed people and 19 more unemployed people. The seasonally adjusted unemployment rate for the region remained at 3.1%, the same as June 2024, and 0.4 percentage points higher than July 2023.
Figure 1.
Eastern Idaho, seasonally adjusted data Aug-24 (P) Jul-24 (P) Aug-23 (B)
Civilian labor force 132,539 132,187 128,928
Total employment 128,375 128,042 125,499
Unemployment 4,164 4,145 3,429
% of labor force unemployed 3.1 3.1 2.7
P – Preliminary, R – Revised, B – Benchmarked
Source: Idaho Department of Labor
Region
- Labor demand in south central Idaho remained stable in August 2024, with a total of 2,753 unique job postings in the region, a 5.4% decrease from 2,912 unique postings in July 2024. The unemployment rate remained at 3.5% from July 2024 and has increased 0.3% from August 2023. Total employment has increased 2.6% over the past year.
| South central Idaho seasonally adjusted data | August-24 (P) | July-24 (R) | August – 23 (B) |
|---|---|---|---|
| Civilian labor force | 109,678 | 109,032 | 106,539 |
| Total employment | 105,802 | 105,218 | 103,151 |
| Unemployment | 3,876 | 3,814 | 3,388 |
| % of labor force unemployed | 3.5% | 3.5% | 3.2% |
| Source: Idaho Department of Labor | P – Preliminary | R – Revised | B – Benchmarked |
Region
Labor force estimates for July 2024 from the Idaho Department of Labor’s Local Area Unemployment Statistics (LAUS) had total employment and total unemployment increasing in the seven-county southeastern region. Seasonally adjusted, July’s preliminary estimates have labor force participants increasing by 1,177 people, with 1,161 more employed people and 16 more unemployed people. The seasonally adjusted unemployment rate is 3.5%, the same as June 2024 and .2% lower than July 2023.
Continue reading “Around Southeastern Idaho: Economic activity, August 2024”
| Top 10 occupations by unique job postings in south central Idaho, June 2024 | Postings, Jun-24 | Postings, Jun-23 |
|---|---|---|
| Retail salespersons | 136 | 99 |
| Registered nurses | 135 | 127 |
| Heavy and tractor-trailer truck drivers | 134 | 73 |
| First-line supervisors of retail sales workers | 72 | 75 |
| Customer service representatives | 61 | 60 |
| Cashiers | 58 | 36 |
| Sales representatives, wholesale, manufacturing, except technical and scientific products | 54 | 28 |
| Laborers and freight, stock, material movers and hand | 51 | 34 |
| Fast food and counter workers | 48 | 23 |
| General and operations managers | 47 | 45 |
| Source: Conference Board via Lightcast |
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.
North Central
- The Nez Perce Tribe was awarded a $37 million Climate Pollution Reduction Grant by the US Environmental Protection Agency (EPA) to install solar power infrastructure, improve residential weatherization, complete wood stove replacements and electric vehicle networks. Source: KOZE, EPA, Lewiston Tribune
- Gwen Fire Summary: The U.S. Forest Service reported a lightning bust on July 24th with over 3,000 lightning strikes that ignited 69 known wildfires throughout north central Idaho. 30-40 miles per hour wind gusts on July 25th resulted in the Gwen Fire quickly raging through nearly 29,000 acres of Nez Perce and Latah counties. Over 160 structures, including 38 primary residences, were destroyed. The fire closed parts of both Highway 3 and Highway 12 for over three days and resulted in an evacuation order for the entire City of Juliaetta.