Idaho unemployment rate lowest in 7 years

By The Associated Press | Posted - Dec. 21, 2014 at 10:50 a.m.



This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

BOISE, Idaho (AP) — Latest jobless rates show that Idaho is at its lowest in nearly seven years.

According to the Idaho Statesman (http://bit.ly/1r7OEdU), a declining labor force and above average employer payrolls drove Idaho's seasonally adjusted unemployment rate below 4 percent in November. It's the lowest since early 2008 and below two-tenths of a percentage point from October.

A year ago, Idaho's unemployment rate was 5.7 percent.

This is the 13th year Idaho's jobless rate has been lower than the national average.

Total jobs exceeded prerecession peaks for the second month in a row, however year-over-year gain remains at 1.9 percent.

New hires, or those who filled job openings through retirements or other reasons, jumped 15,000 during the month. It was the highest November total since 2007.

___

Information from: Idaho Statesman, http://www.idahostatesman.com

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

The Associated Press

    SIGN UP FOR THE KSL.COM NEWSLETTER

    Catch up on the top news and features from KSL.com, sent weekly.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast