Saturday, February 2, 2013

Marketplace: How Boise Beat the National Unemployment Rate

Posted By on Sat, Feb 2, 2013 at 12:00 PM

While the U.S. economy added 157,000 new jobs in January, unemployment also managed to tick up to 7.9 percent.

However, here in the Gem State, the jobless rate fell to its lowest point in nearly four years, to 6.6 percent in January. That's a trend explored in a recent edition of American Public Media's Marketplace series, "How Boise Beat the National Unemployment Rate."

From the story:

The region doesn’t have oil fields, or a lot of corporate headquarters, or foreign car plants. What it has is a little bit of this, a little bit of that: a major hospital and Boise State University; state government; tech firms large and small; plus timber, ranching and potato farming.

And, lately, you can hear the sounds of hammers and nailguns on the outskirts of town.

Businesses like Boise Hunter Homes, Idaho Hardwood Flooring, Micron Technology and organizations like the Boise Metro Chamber of Commerce contribute to a local economy, which "has a pulse once more," according to Marketplace.

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