Friday, April 17, 2015

Idaho Jobless Rate Drops Again, Now at 3.8 Percent

Posted By on Fri, Apr 17, 2015 at 10:26 AM

click to enlarge unemployment.jpeg
Idaho's unemployment rate dipped .10 percent in March to its lowest level in seven years.

This morning, the Idaho Department of Labor reported another 5,400 Idahoans were added to Gem State payrolls in March, dropping the state's unemployment rate to 3.8 percent. Labor Department officials pointed to 1,000 new jobs in the construction industry; commercial transportation and the hospitality industries also saw increases in March. Overall, March's numbers represent the third largest one-month increase on record to boost the labor participation rateā€”the percentage of working-age adults with jobs or looking for work.

Seventeen counties had rates at or below the statewide rate: Fremont County, with 3.1 percent, had the lowest jobless rate; Adams County had the highest with 7.3 percent.

In the Treasure Valley, the Boise metro market (which includes Boise, Meridian, Nampa and Caldwell), registered a 4 percent unemployment rate, while the city of Boise was at 2.4 percent, the lowest of all major cities in Idaho.

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