by Phil Hoover, Real Estate Broker

Idaho Unemployment Rate Drops Again

I feel like I’m repeating myself each month, but Idaho’s unemployment rate dropped (again!) to 7% in October; its lowest rate in three and one-half years.

Idaho’s Department of Labor also reported 14,200 more jobs in October 2012 vs. October 2011.

Idaho’s unemployment rate has dropped nearly two percentage points since peaking at 8.9% in July 2011.

Further, Idaho’s rate of unemployment has remained below the national rate since 2001.

The Treasure Valley, including Boise, Meridian, and the Nampa Corridor fared even better, reporting 6.7% unemployment in October.

Finally, Boise reported a 6.3% unemployment rate for October.

hmmmm  .  .  .  .  maybe repetition is a good thing?

Sources: Idaho Department of Labor and Boise Weekly

 

November 19th, 2012 Posted in Around Boise Print This Post Print This Post

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