Saturday, April 19, 2014

Boise Jobless Rate Holds Steady; Jumps In Nampa, Meridian and Caldwell

Posted By on Sat, Apr 19, 2014 at 12:00 PM

While the state of Idaho's unemployment rate dropped in March to its lowest level in five-and-a-half years, the jobless rate in Boise remained steady.

The Idaho Department of Labor reported April 18 that the state's employers hired more than 14,000 workers during the month, and over a third filled new jobs. Compared to the same period last year, 11,000 more Idahoans were part of the state's workforce.

Trends indicated that construction was responsible for the strongest job growth between February and March. Additionally, goods production saw a 20 percent burst in new jobs during March. Weak spots were in financial services, truck transportation and professional services.

Ada County's unemployment rate actually ticked up to 4.9 percent in March—the number of unemployed went up by only 111 persons but the overall potential labor force grew by nearly 1,000. Still, Ada County's jobless rate was a full percentage point below the March 2013 level.

The city of Boise's unemployment rate remained steady at 4.9 percent in March, the same level as February, but 1.2 percent lower than March 2013.

But other Treasure Valley communities saw increases in their jobless figures: Caldwell jumped to 7.1 percent (two-tenths of a point higher than February); Meridian saw a 4.6 percent rate in March (one-tenth of a point higher than February); and Nampa's jobless rate was 6.5 percent in March (1.5 percent higher than February).

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