Latest Idaho employment, jobs statistics
released |
March 13, 2018 |
Idaho continues to shine in terms of employment
and jobs. In the latest available numbers from
January, unemployment remains low in Idaho, and
our state is second in the nation for job
growth. Idaho had more than 22,000 online
postings for Help Wanted.
Idaho’s seasonally adjusted unemployment rate
for January was 3 percent – the fifth
consecutive month at this.
Idaho’s total nonfarm payroll jobs increased by
500 in January to 728,600 (Seasonally adjusted
month over month). Gains in construction,
manufacturing, financial activities, educational
services, leisure and hospitality, and
government were offset by declines in trade,
transportation, and utilities, professional
business services, and other services.
An additional 2,200 people entered the workforce
from December to January, pushing Idaho’s
seasonally adjusted labor force number up to
844,000. Total employment increased by 2,200 to
818,800, and the number of unemployed remained
essentially unchanged at 25,200.
January’s labor force participation rate – the
percentage of people 16 years and older with
jobs or looking for work – remained unchanged
from December at 63.9 percent.
According to the Conference Board, a Washington,
D.C. think tank, there were more than 22,000
online postings for Idaho jobs in January. Of
those postings, 5,000 were classified by
department analysts as hard-to-fill. Health
care-related jobs accounted for 23.8 percent and
included physicians, surgeons, psychiatrists,
occupational and physical therapists and support
positions. By volume, registered nurses and
truck drivers maintained the first and second
spots for the largest number of hard-to-fill
jobs.
Over the year, Idaho was second in the nation
with a seasonally adjusted over-the-year job
growth of 2.8 percent for January – the second
fastest growth rate in the country - and a gain
of 19,700 jobs.
Five of Idaho’s major industry sectors
experienced job gains of four percent or greater
over January 2017: 8.7 percent in construction
(3,800 jobs), 5.2 percent in financial
activities (1,800 jobs), 4.5 percent in other
services (1,100 jobs), 4.4 percent in
manufacturing (2,900 jobs) and 4.3 percent in
leisure and hospitality (3,200 jobs).
Among Idaho’s Metropolitan Statistical Areas,
month over month, the Lewiston MSA was the
fastest growing at 1 percent growth or 300 jobs.
Boise experienced the strongest seasonally
adjusted over-the-year growth of 11,800 jobs
(4.8 percent).
Idaho’s county rates for January and February of
2018 will be included in the February employment
release scheduled for Friday, March 23.
Details on Idaho’s unemployment picture can be
found at lmi.Idaho.gov. |
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