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Do you remember Idaho's unemployment rate just as the recession was being noticed? It was 3%. The National Bureau of Economic Research said the great recession started in December 2007 and ended in June 2009. Since those declarations, Idaho's unemployment rate climbed to its peak of 8.8% in August 2010. By August 2011 it had dropped to 8.4%, and by August 2012 it was down to 7%.

New Hires In Idaho Land On A High Note For July

Molly Messick
Boise State Public Radio/ StateImpact Idaho

Idaho employers reported hiring 23,400 workers in July.  That’s the highest number of new monthly hires since the Great Recession started according to the Idaho Department of Labor. 

The monthly report based on employer filings of newly hired workers within 20 days of their hiring showed July’s total exceeded July 2007 by 500. The report features the number of people hired to fill new jobs as well as existing jobs that are filled because workers retired, died, quit or were fired. ~Idaho Department of Labor

In 2006, before the recession started, new hires averaged over 30,000 a month in Idaho.  At the height of the recession in 2010, the average was under 14,000 a month. 

The Idaho Department of Labor in a press release this week says the numbers come from the New Hire Reporting law, which began in 1997. 

It was designed to help the government find parents delinquent in paying child support.  Now the report is also used to look at the health of Idaho’s economy.

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