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Idaho Business News

April unemployment edges up with fewer people working than a year ago

POSTED: 14:42 MDT Friday, May 2, 2008

by IBR staff report

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Tags -  employment, Idaho Department of Labor

Idaho’s economy continued slowing in April as the seasonally adjusted unemployment rate edged up a tenth to 3.1 percent from March, and for the first time in 5½ years fewer people were working across the state than a year earlier. Continued sluggishness in construction and a ninth straight month of declining employment in manufacturing contributed to nearly 800 more people looking for work, raising the ranks of the unemployed to just over 23,000 in April – 2,500 more people off the job than a year ago.

At the same time, total employment was down 3,800 from March and over 1,400 from April 2007. The last time monthly employment came in below the previous year’s level was September 2002 in the aftermath of the national recession. It was the second month of 2008 that the state economy shed over 3,000 workers, leaving total employment at its lowest level since March 2007 when 729,700 people were working.

 

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