NEWS RELEASE
For Immediate Release: March 22, 2024
Media Contact: Craig.Shaul@labor.idaho.gov
or John.Panter@labor.idaho.gov
Idaho’s seasonally adjusted unemployment rate was 3.3% in February, unchanged from January.
The state’s labor force increased by 1,581 people (0.2%) to 969,471.
Idaho’s labor force participation rate — the percentage of people 16 years of age or older who are either employed or looking for work — remained at 62.6% between January and February.
Total employment increased by 1,446 (0.2%) to 937,072 as unemployment increased by 135 (0.4%) to 32,399.
Idaho’s nonfarm jobs increased by 4,000 to 862,100 in February. Industry sectors with the greatest over-the-month gains included durable goods manufacturing (2.8%); natural resources (2.3%); transportation, warehousing, and utilities (1.8%); nondurable goods manufacturing (1.5%); wholesale trade (1.4%); private educational services (1.2%); federal government (0.7%); and arts, entertainment, and recreation (0.6%).
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