Idaho jobless rate hits three-year low

Idaho’s seasonally adjusted unemployment rate hit a three-year low in July, falling two-tenths of a percentage point to 7.5 percent, the Idaho Department of Labor reports. Meanwhile, the national unemployment rate rose a tenth of a point in July, to 8.3 percent.

The Conference Board estimated that Idaho now has fewer than five unemployed workers for every two posted job openings. Back at the peak of the recession in 2009, there were nine unemployed people jostling for every two posted job openings in the state. You can read the full announcement here from the Department of Labor.