by Phil Hoover, Real Estate Broker

Idaho Unemployment Rate Drops Again

Idaho’s unemployment rate dropped three-tenths of a percent to 7.1% in September.

That’s the lowest rate since May 2009 as Idaho employers expanded payrolls from August at a higher rate than any time in the past five years.

Payroll expansion was also slightly higher than during the 2003-2007 economic expansion in Idaho.

Along with those encouraging numbers, year-over-year unemployment benefit payments also dropped 36%.

Ada County fared even better, dropping to a strong 6.3% unemployment rate.

This is very encouraging news for Idaho and especially for Ada County!

Source: Idaho Department of Labor and County Statistics

 

October 22nd, 2012 Posted in About Our Area Print This Post Print This Post

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