Saturday, April 20, 2013

Jobless Rates in Idaho, Boise Hold Steady

Posted By on Sat, Apr 20, 2013 at 3:00 PM

Idaho's jobless rate remained flat in March as another 1,400 people left the Gem State's labor force, the largest one-month exodus since the height of the recession. Since 2012, more than 2,600 people have dropped out of the labor force, leaving just 772,000 Idahoans either employed or looking for work.

The seasonally adjusted unemployment rate for March held at 6.2 percent.

The Idaho Department of Labor says employers hired 13,000 workers in March, well below pre-recession hiring levels and approximately 500 fewer than March 2012. Overall, 724,500 were employed in March.

Modest job growth was reported in the manufacturing sector, but it has been the service sector that has produced three of every four new job since the recovery began.

Only three of Idaho's 44 counties posted double-digit unemployment rates in March: Benewah, Clearwater and Shoshone. Clearwater County had the state's highest unemployment rate, at 12.5 percent. Camas County had the lowest rate, at 3.7 percent.

The city of Boise reported a 5.7 percent unemployment rate in March, the same as in February and a full percentage point lower than March 2012.

The Treasure Valley reported a 5.9 percent jobless rate in March, down from 6.1 percent in February and 7.3 percent in March 2012.

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