Jobless Rate Drops; But So Does Labor Force
Twin Falls, Idaho (KMVT-TV) The region's unemployment rate just came in at 6.4%, which is lower than the state at 7.1% and the nation as the country is looking at 7.8% unemployment.
A regional economist adds where the Magic Valley fares strongly in is in the agriculture sector, as companies have geared up for this season.
"We're seeing a lot of transportation, they're pulling out the crops from the fields, we're seeing sugar beets being a big driver of employment right now. Amalgamated has started their sugar campaign, we're seeing the cheese factories expand. We're seeing the potato processors just becoming more efficient and changing a lot of their processes," says Regional Economist for the Idaho Department of Labor, Jan Roeser.
The fall is also a peak time for employment as schools are back in session and the rush for jobs before winter comes around.
But what does puzzle Roeser and others around the nation is the decrease in the civilian labor force.