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Fri August 17, 2012
Idaho Is One Of Two States Where The Jobless Rate Declined In July
Almost 20,000 more Idahoans had jobs this July compared to last. The Idaho Department of Labor reports July’s seasonally adjusted jobless rate dropped two-tenths of a percentage point from June to 7.5 percent. That’s a three-year low, and it’s better than the national rate of 8.3 percent.
According to Bureau of Labor Statistics data, Idaho and Rhode Island were the only two states, to post a decline in the jobless rate from June to July. The District of Columbia also saw a decrease.
Idaho Department of Labor spokesman Bob Fick says state analysts anticipated the jobless rate would remain flat, much like the national rate, but he adds Idaho has been on a downward trajectory for a year. “This two-tenths drop is another indication we really are on a slide down, and there is real recovery underway in Idaho,” Fick says. Click here to continue reading...