Fri., Dec. 19, 2014
Idaho jobless rate falls below 4% for first time since ‘08, as shift to service sector continues
Idaho’s seasonally adjusted unemployment rate fell below 4 percent in November for the first time since early 2008, the Idaho Department of Labor reports. The 3.9 percent jobless rate in November was down two-tenths of a percentage point from October; a year earlier, it was 5.7 percent. The national unemployment rate remained unchanged in November from October’s level of 5.8 percent; there’s more info here.
Ada County came in at a 3.2 percent unemployment rate in November, up from 2.9 percent in October; Canyon County was at 4.7 percent, up from 4 percent in October; and Kootenai County was at 4.5 percent, up from 3.9 percent.
State Labor analysts are predicting that the average number of jobs for 2014 could be slightly higher than the previous peak in 2007; the numbers include a continued shift to service-sector jobs, which accounted for 84.5 percent of all Idaho jobs in November, up from 84.3 percent in October.