For Immediate Release: May 8, 2024
Media Contact: Craig.Shaul@labor.idaho.gov or Lisa.Grigg@labor.idaho.gov
Idaho’s job market has remained remarkably robust since September 2023, maintaining a steady unemployment rate of 3.3%. Excluding the immediate post-pandemic period of 2020-2021, Idaho has not had an annual unemployment rate of over 4% since 2014, according to Labor Economist Lisa Grigg.
“Despite an incredibly low unemployment rate statewide, businesses still close, change processes, or must halt work due to seasonal factors, leading workers to rely on unemployment benefits as a temporary bridge between jobs,” Grigg said.