Idaho's jobless rate falls again. Good news? Not so fast.

Published: August 17, 2012 

The headline on Friday’s news release reporting the latest monthly Idaho unemployment rate was unabashedly positive: “Jobless Rate Drops Two More Tenths; 7.5 percent Lowest Rate in Three Years.”

And that’s true. But it is not as positive as it seems. As the same Idaho Labor Department news release explained, the two-tenths of a percent drop in July from June was largely caused by a shrinking labor force. That force includes both employed workers and job seekers. When they stop seeking employment for whatever reason, their disappearance helps the unemployment rate fall.

Employment actually dropped by nearly 1,500 people in July. That broke a string of 12 months of rising employment. Ten rural counties still have double-digit unemployment rates, led by Adams at 17.3 percent. Ada County’s rate fell to 6.4 percent from 6.8 percent, but employment fell slightly to 190,000 from 191,000. Canyon County’s rate fell to 8.7 percent from 9.1 percent, but its payrolls also fell slightly from 80,300 to 79,900.

Idaho’s jobless rate peaked at 8.9 percent in July 2011.

Order Reprint Back to Top

Top Jobs

View All Top Jobs

Find a Home

$1,395,000 Boise
5 bed, 5.5 full bath. Enter the elegance of the formal spaces...

Find a Car

Search New Cars
Ads by Yahoo!