Friday, January 20, 2012

Idaho jobless rate continues to drop

There's no need to print the full story here (the link is posted below), but the Idaho Department of Labor reported this morning that the state's unemployment rate dropped again in December. While 8.4 percent still leaves room for improvement, it's safe to say this counts as welcome news.

Statewide, employers hired just over 11,000 new employees, mainly to replace workers who retired or left their jobs for some other reason. Most significantly, it marked the first month since 2008 that employers reported hiring more new employees than they did then.