Monday, April 23, 2012

Unemployment continues to drop in eastern Idaho

Idaho’s seasonally adjusted unemployment rate continued to drop in March, and Idaho Falls and Rexburg put up even better numbers than the statewide average of 7.9 percent.

This was the first time in 2 1/2 years statewide unemployment dropped below 8 percent, as more Idahoans found work than during any other month since October 2006.

In the Idaho Falls Labor Market Area, the rate was 6.3 percent, down one-tenth of a percent from February and two-tenths of a percent from March 2011. The Rexburg area posted a rate of 6.2 percent.

The tenth-of-a-point decline in the jobless rate to 7.9 percent marked the eighth straight month that Idaho’s rate has fallen. It is now a full percentage point below the recession-era high in July 2011.
To read the full report from the Idaho Department of Labor, follow this link: http://labor.idaho.gov/news/NewsReleases/tabid/1953/ctl/PressRelease/mid/2527/itemid/2425/Default.aspx

For all the numbers, click on this chart: