Wednesday, September 25, 2013

State jobless rate climbs in August

Blaine County unemployment rises to 6.2 percent

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    Idaho’s seasonally adjusted unemployment rate rose two-tenths of a percentage point in August, as total employment dropped to its lowest level in nearly a year. Last year, Idaho’s August unemployment rate was 7 percent.
    The state’s jobless rate at 6.8 percent has risen seven-tenths of a percentage point since April, one of the largest rate increases among the states in the last four months.
    Nationally, unemployment fell another tenth of a point in August to 7.3 percent, down two-tenths from April.

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Idaho’s rate remained below
the national rate for the 143rd month.

    In Blaine County, the unemployment rate was calculated at 6.2 percent in August, up from 6 percent in July. The Department of Labor calculated that 755 of the county’s workforce of 12,131 people were unemployed last month.
    Idaho’s rate remained below the national rate for the 143rd month—one month short of 12 years. The last time the gap was smaller than a half percentage point was October 2002.
    The number of Idaho workers without jobs in August was up 1,200 from July to nearly 52,300, the highest total since September 2012, while the number of people working in August fell 2,200 to just under 721,000, the lowest total in nearly a year.
    Department of Labor analysts estimate that more Idahoans may be working multiple jobs to meet the hiring demands of employers and make ends meet at home. In 2012, 24.2 percent of Idaho jobs were part-time, compared to 18.2 percent of all jobs before the recession. Only four other states—Maine, Oregon, Utah and Wisconsin—had higher percentages of part-time jobs.

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