Idaho unemployment rate increases slightly to 3.8 percent
Idaho’s unemployment rate edged up one-tenth of a percent from 3.7 percent June to 3.8 percent July.
The Idaho Department of Labor said strong growth, a continued demand for workers and an increase in people looking for work moved Idaho’s seasonally adjusted unemployment rate. The national unemployment rate held steady at 4.9 percent.
The July numbers also means Idaho is leading the nation in year-over-year job growth, adding 23,000 more jobs and a 3.4 percent increase fueled by gains from across all industries.
Construction grew the most with a 12.6 percent increase, followed by growth in financial activities, leisure and hospitality and other services.
Month-to-month, growth in the state's seasonally adjusted nonfarm payrolls remained steady between June and July with an addition of 3,900 jobs and a 0.6 percent increase.
Idaho's labor force increased by almost 1,500 to 811,850. Total employment grew by 1,000 to 781,020 and after remaining flat for three consecutive months, the number of unemployed Idahoans increased by 500 in July.
The state's labor force participation remained unchanged at 64.1 percent.