Idaho Unemployment Stays Steady
For a third month in a row the Idaho unemployment rate did not moved up or down from 2.9 percent. The Idaho Department of Labor announced the September unemployment numbers which shows 2,906 people were available for work, nudging the adjusted labor for up to 882,214 working people, while the unemployed only went up 136 for a total of 25,626 total. Many of the job sectors were up across the state, here are some of the details from the Department of Labor:
Over the year, September’s statewide labor force was up 20,690 (2.4 percent), total employment was up 18,692 (2.2 percent) and there were 1,998 more unemployed workers. Seasonally-adjusted nonfarm jobs were up 3.1 percent from September 2018, the second fastest growth rate in the nation, representing a gain of 22,600 jobs. Four of Idaho’s industry sectors experienced job gains of four percent or greater: 8.2 percent in professional and business services (7,700 jobs), 5.7 percent in financial activities (2,100 jobs), 4.6 percent in education and health services (4,800 jobs) and 4.2 percent in manufacturing (2,900 jobs).
Health care jobs are considered the "hard-to-fill" jobs, which represent about 21% of those hard-to-fill job postings online. The number of online job postings in the state grew by a few hundred for a total of 27,546.
Idaho nonfarm jobs increased by 4,600 from August to September for a monthly total of 762,600. This increase of 0.6 pecent was the second largest in the nation, both in percentage increase and total jobs. Eight of Idaho’s 11 industry sectors exceeded seasonal expectations, led by construction (+2.2 percent), professional and business services (+1.4 percent) and financial activities (+1.3 percent). The information and other services sectors shed a combined total of 400 jobs, while natural resources saw no employment level changes.
The Idaho Falls metropolitan area had the fasted job growth with 400 jobs from August to September.