Saturday, March 14, 2015

Idaho Employment Hits 20-Year High

Posted By on Sat, Mar 14, 2015 at 3:23 PM

The Idaho Department of Labor reported on Friday that the Gem State's employment rolls hit a 20-year high in January, rising nearly 4,200 to a record 746,600. The overall unemployment rate dropped three-tenths of one percent to 4.1 percent In January, the lowest rate since March 2008.

The January boost was the highest since the recession and the fifth-largest on record. The Idaho Department of Labor pointed to low energy prices and low interest prices as indicators that "pushed the state's employment indicators in a more positive direction."

January's numbers in Idaho ran counter to the national unemployment rate, which ticked up to 5.7 percent. Idaho's jobless numbers have been below the national rate for 65 months.

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