Idaho unemployment drops to 3 percent, lowest since 2008

by Frankie Norman August 22, 2017, 0:07
Idaho unemployment drops to 3 percent, lowest since 2008

Nonfarm payroll jobs are determined from a more comprehensive poll of thousands of Arkansas employers who are asked about the size of their workforce.

Doug Walls of the Office of Economic Opportunity said a separate household survey found that the number of people now in the workforce is about 72,000 more than a year ago. "We will create millions of new jobs and make millions of American dreams come true". It has 3.8 percent more jobs than at the same time a year ago.

The rate in neighboring Riverside County rose to 6.3 percent.

The state's unemployment rate has improved more than expected this year.

In a year-over-year comparison (July 2016 to July 2017), nonfarm payroll employment in California increased by 276,300 jobs (a 1.7 percent increase). This followed a revised loss of 3,200 jobs in June. "The weather certainly has helped out a lot, and we particularly are seeing that in Hale and surrounding counties", he said. "The growth is in a good portion of the sectors you like to see".

Sectors that saw the most employment gains last month include government, which added 18,800 jobs; educational and health services, which saw an increase of 18,600; and leisure and hospitality, which was up 15,200 jobs. Manufacturing fell by 14,100 jobs (down 1.1 percent), and mining and logging fell by 1,400 jobs (down 5.7 percent). Industry increases were greatest in leisure/hospitality, professional/business services, and government.

"That, to me, is a sector that the state has been struggling to grow", Jebaraj said. Employment in three sectors declined.

Construction gained 2,500 (+1.7 percent) jobs over the month.

In particular, the jobless rate in MI fell 1.2 percent from the final quarter of 2016 to reach 3.9 percent during the Trump administration. The participation rate for young males was 62.3 percent in 2017, compared to 58.8 percent for young females.

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