Kootenai hits lowest jobless rate since ‘70

Kootenai County is enjoying historic low unemployment rates.

In November, the county’s unemployment rate slid to 3.7 percent – one of the lowest ratios of people looking for work since the official record tracking began in 1970.

The numbers reflect a strengthening economy and robust job growth across a wide array of industries, said Kathryn Tacke, a regional economist for the state of Idaho. About 5,000 more people were working in November, compared to a year ago.

Other North Idaho counties have also experienced job gains. Bonner County’s unemployment rate was 4.7 percent in November; Benewah County, 7.3 percent; Boundary County, 8.4 percent; and Shoshone, 7.4 percent.

Seasonal layoffs of loggers and Forest Service contractors resulted in slightly increased unemployment rates in some counties during November, Tacke said. But, in general, the trend in job gains is positive, she said.

In November, Idaho’s unemployment rate was 3.6 percent for the third straight month, signifying continued strength and stability in the state economy.

Statewide, seasonal job losses are forecast for agriculture, construction, federal and state government and leisure and hospitality. Construction activity slows as the weather gets colder, and the number of jobs in hotels and recreation areas dips during the break between summer and winter tourist seasons. However, early snow has allowed some ski resorts to open ahead of schedule.

During the Christmas shopping season, retailers are expected to add about 1,500 jobs statewide. Preliminary reports indicate that holiday sales are off to a good start.