Tag Archives: unemployment
Even the experts can’t agree on a reliable unemployment figure
The good news is Idaho’s unemployment rate for June, 7.7 percent, is at its lowest point since the summer of 2009. That figure is known as the U3 number, a monthly figure that is commonly thought of as the state’s … Continue reading
An accurate unemployment number depends on what measure you use
Traditional unemployment numbers published the last few months show that unemployment in Idaho is trending downward. That’s according to the normal U-3 numbers the federal and state government use. U-3 is total unemployment as a percent of the civilian labor … Continue reading
Idaho unemployed and underemployed for September: 15.9 percent or 120,000
In September, the number of Idahoans looking for a job but unable to find one plus the number of part-time workers who wish to work full time amounted to 120,000. It is called the U-6 number, a measure of the … Continue reading
Orchardist falls flat in trying to hire unemployed, underemployed workers
A Treasure Valley orchardist was thinking he could do something to help Idaho’s August unemployment rate of 9.1 percent as well as the Canyon County rate, which was more than 12 percent at the end of the summer. But his … Continue reading
Idaho Department of Labor: Some erroneous unemployment payments returned
IdahoReporter.com reported Sept. 20 that Idaho has made $82 million worth of erroneous unemployment payments in the last three years. An official with the Idaho Department of Labor (IDL) says that some of the money has been returned to the state … Continue reading
Take your pick – July unemployment in Idaho somewhere between 71,300 and 123,000
On Friday the Idaho Department of Labor (IDOL) released the unemployment numbers for the month of July. Idaho is at 9.4 percent unemployment, according to the monthly U3 classification numbers, the same as was the case in June. The Idaho … Continue reading
Idaho Department of Labor defends traditional method of producing unemployment figure
Last week IdahoReporter.com compared U3 unemployment numbers to U6 unemployment numbers. U6 numbers generally do not receive the attention of the U3 number because the U3 number is the figure publicized each month as the official unemployment rate in the … Continue reading
Idaho unemployment: 72,000 under one formula, 123,000 under another
The nation’s current unemployment rate is 9.1 percent. The Idaho rate is slightly higher, at 9.4 percent. Idaho’s rate is 36th in the nation. The lowest state is North Dakota at 3.2 percent, the highest is Nevada at 12.4 percent. … Continue reading
Idaho’s congressional delegation active on many issues as debt deadline nears
Idaho’s four Republicans in Congress are weighing in on the debt ceiling debate but also pushing forward other policy measures as the federal government runs up against an Aug. 2 deadline to authorize borrowing more money. Idaho Reps. Mike Simpson … Continue reading
Idaho second but slumping in one economic indicator
Idaho has outperformed every state in the country except Oregon in one measure of economic activity, though the same indicator shows that Idaho has slumped worse than most in the past few years. Idaho ranks second in the nation since … Continue reading