Idaho unemployment unchanged from 3.9 percent in February
Idaho unemployment rate has the same for the past three months, according to the Idaho Department of Labor.
The DOL reported Friday Idaho’s unemployment has stayed at 3.9 percent December through February. Idaho nonfarm payrolls crew by a seasonally adjusted 0.2 percent in February, compared to January, with slight decreases in wholesale trade, financial activities, leisure and hospitality, and total government.
Seasonally adjusted nonfarm jobs grew by 26,400, or 4.0 percent, compared to last year – the largest increase since 2006. Leisure and hospitality; transportation, warehousing and utilities; construction; and other services saw the greatest gains over last year. Mining and logging was the only sector to show a decline, according to the news release.
The unemployment rate nationally remained unchanged at 4.9 percent.
Idaho labor force hovered at about 807,670 in February. Employment across the state increased by 640 to 775,600, and the number of unemployed dropped by 320 to 31,080.
“Annually, unemployment benefit payments were down from February 2015 by just 1.6 percent - from $3.317 million a year ago to $3.264 million for February 2016,” according to the DOL news release. “The number of weeks compensated dropped 5.2 percent over the year.”