People of Northwest Public Radio
Fri June 20, 2014
Idaho's Unemployment Rate Continues To Fall
From April to May, the state says Idaho's unemployment rate fell from 5 percent to 4.9 percent. It marks the first time in nearly six years the jobless rate has been that low. It's the ninth straight month total employment set a record.
The report shows continued positive momentum for Idaho's economy. The employment update comes a week after the U.S. Department of Commerce reported that GDP growth in Idaho last year was among the highest in the country.
But employment news in the state isn't all rosy. Idaho still ranks at or near the bottom of national rankings in how much workers and families earn.
Governor Butch Otter welcomed May's decline in unemployment - he says it shows confidence that companies in the state have right now. But he adds that the state needs to attract better jobs and better prepare its workforce to work in those positions.
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