Friday, November 18, 2011

Idaho Jobless Rate Improves in October

Posted By on Fri, Nov 18, 2011 at 12:06 PM

Cautious optimism were the watchwords this morning, when Idaho's Department of Labor reported that the Gem State's jobless rate dropped two-tenths of a point to 8.8 percent, the lowest level in nearly two years. It is the second straight month that Idaho's unemployment rate has been below the national rate, currently at 9 percent.

The number of Idaho workers rose 2,300 in October to 692,700, the second largest one-month employment increase since November 2006.

Twenty-eight of Idaho's 44 counties recorded lower unemployment rates in October while only 14 counties saw rates go up. Idaho's highest rate of unemployment was registered in Adams County at 18.8 percent. The lowest rate was in Owyhee County with a 5 percent jobless rate.

In the Treasure Valley, Ada County's unemployment rate dropped one-tenth of a point in October, down to 7.7 percent. The City of Boise registered a 7.9 percent unemployment rate. Meridian's jobless rate was 7.8 percent. Canyon County showed a significant improvement, dropping nearly a full percent from 11.6 percent in September to 10.7 percent in October.

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