Wednesday, August 20, 2014

Idaho jobless rate up slightly in July

State’s trend mirrors rest of nation


    Idaho employers created jobs at a stronger rate during the first half of the year than previously estimated, regaining the number of jobs lost to the recession and in a mix of industries that has changed, the Idaho Department of Labor reported this week.
    Jobs slipped slightly in July as they have every July except for two years since 1990. Even with a July total above the prerecession peak, the slippage—combined with a modest labor force increase—was enough to push Idaho’s seasonally adjusted unemployment rate up to 4.8 percent, compared to 6.3 percent for July of 2013.
    It was the first monthly rate increase since August 2010, and it mirrored the national jobless rate, which rose slightly to 6.2 percent. Idaho’s rate has been below the national rate for nearly 13 years.
    Monthly job growth in 2014, previously estimated at about 2 percent higher than 2013, actually ranged between 2.5 percent and 3.2 percent, sitting at 2.7 percent in July—17,000 above last year and about 1,000 above the previous July high in 2007, not seasonally adjusted.  
    Still, even with intensified job growth, Idaho’s economy continued moving toward services, the Labor Department reported. Since January, nearly 31,000 jobs have been created with 9,000 in goods production, which averaged $12,000 a year more in pay in 2013. Before the recession, nearly 20 percent of all jobs were in goods production—primarily construction and manufacturing. Today, only 15.8 percent are in goods production.
    Based on July figures, the recession claimed 52,700 jobs—nearly 37,000 in goods production and 16,000 in services. The recovery generated almost 43,000 service jobs – 260 percent of the loss—but only 13,000 in goods production—35 percent. The shift toward services reflects Idaho’s return to more rapid population growth that seems to be weighted to retirees.
    Idaho’s labor force participation rate for July—the percentage of adults who are working or actively looking for work—dropped another tenth of a percentage point to 63.6 percent.
    Total employment, which includes self-employed and unpaid family workers, was essentially unchanged from May and June at just under 741,800—almost 15,000 more than a year earlier. It was not enough to accommodate 100 new entrants into the labor force, moving the unemployment rate slightly higher. The number of unemployed, which dropped every month since July 2011, increased just over 100 to more than 37,000.    
    Overall hiring—almost exclusively to replace workers who retired or left the job for other reasons—was over 18,000 in July, the highest July level since 2006 but about 3,800 below June’s hiring total.

About Comments

Comments with content that seeks to incite or inflame may be removed.

Comments that are in ALL CAPS may be removed.

Comments that are off-topic or that include profanity or personal attacks, libelous or other inappropriate material may be removed from the site. Entries that are unsigned or contain signatures by someone other than the actual author may be removed. We will take steps to block users who violate any of our posting standards, terms of use or any other policies governing this site. Use of this system denotes full acceptance of these conditions. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post.

The comments below are from the readers of and in no way represent the views of Express Publishing, Inc.

You may flag individual comments. You may also report an inappropriate or offensive comment by clicking here.

Flagging Comments: Flagging a comment tells a site administrator that a comment is inappropriate. You can find the flag option by pointing the mouse over the comment and clicking the 'Flag' link.

Flagging a comment is only counted once per person, and you won't need to do it multiple times.

Proper Flagging Guidelines: Every site has a different commenting policy - be sure to review the policy for this site before flagging comments. In general these types of comments should be flagged:

  • Spam
  • Ones violating this site's commenting policy
  • Clearly unrelated
  • Personal attacks on others
Comments should not be flagged for:
  • Disagreeing with the content
  • Being in a dispute with the commenter

Popular Comment Threads

 Local Weather 
Search archives:

Copyright © 2022 Express Publishing Inc.   Terms of Use   Privacy Policy
All Rights reserved. Reproduction in whole or in part in any form or medium without express written permission of Express Publishing Inc. is prohibited. 

The Idaho Mountain Express is distributed free to residents and guests throughout the Sun Valley, Idaho resort area community. Subscribers to the Idaho Mountain Express will read these stories and others in this week's issue.