Jobless rate drops for 3rd straight month
Idaho's seasonally adjusted unemployment dropped for the third straight month in May, after 31 straight monthly rate increases going all the way back to August of 2007. May's rate was down a tenth of a percentage point to 9 percent, which compares favorably to the national rate, which dropped two-tenths of a point to 9.7 percent in May. “The decline was modest, but it continues what appears to be a downward trend and another sign the worst of the recession may be past,” said Idaho Department of Labor Senior Analyst Eduardo Silva. Click here for more from the Idaho Department of Labor, including tables showing the rates around the state.