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Local jobless rate rises slightly

Brian Walker; Staff Writer | Hagadone News Network | UPDATED 7 years, 11 months AGO
by Brian Walker; Staff Writer
| December 27, 2017 12:00 AM

POST FALLS — Kootenai County’s unemployment rate in November rose two-tenths of a percent from October to 3.8, according to a report released by the Idaho Department of Labor.

Out of the civilian labor force of 75,085 (people 16 and older working or looking for work), 2,849 were unemployed, the report states.

"The two-tenths increase is due to a greater-than-normal increase in the county’s labor force, and a portion of that increase raised the unemployment level slightly," said Craig Shaul, Labor’s research analyst supervisor.

"The overall local market conditions for Kootenai County are good. However, the struggle to find workers by businesses looking to expand or replace outgoing workers remains the primary challenge. The limited labor pool is having the effect of restraining potential growth."

Shaul said he’s optimistic about the employment picture for Kootenai County heading into 2018.

"The tight labor force supply will likely have the effect of moderating the growth rates we have seen for the past few years," he said.

The local jobless rate is seven-tenths of a percent lower than last year at this time.

The jobless rate in Coeur d’Alene in November rose two-tenths to 3.7 from the previous month, while the number in Post Falls jumped half of a percent to 3.4.

The state and national unemployment rates both remained unchanged with Idaho at 2.9 and the country 4.1.

Idaho’s labor force and employment levels experienced the largest monthly gains for all of 2017, the report states.

The state’s labor force increased by 7,227 (just under 1 percent) from October to 835,890. Total employed also rose by just under 1 percent, up 6,658 to 811,704. The number of unemployed increased by 569 (2.4 percent) from the previous month to 24,186, but not enough to increase the November unemployment rate.

Year over year, Idaho’s unemployment rate was down eight-tenths of a percentage point.

"Continued momentum in Idaho’s labor market throughout 2017 pushed the state’s labor force up 15,270 (1.9 percent), total employed up by 21,295 (2.7 percent), while the number of unemployed persons dropped by 6,025 (20 percent) from November 2016," the report states.

Idaho’s labor force participation rate rose slightly for the fourth consecutive month from 63.5 to 64 percent, with the average share for men (70 percent) and women (58 percent) remaining stable for the past 12 months.

Of the 468,000 working age Idahoans (36 percent) not in the labor force, 95 percent could be categorized as not looking for a job and 5 percent as wanting a job, further indicating a tightening labor market.

Idaho’s monthly nonfarm payroll employment gained 900 jobs in November following a revised increase of 4,700 jobs in October. Growth in seven industry sectors — construction; manufacturing; financial activities; education and health services; leisure and hospitality; other services and government — beat seasonal expectations, adding a total of 2,900 jobs.

Three industry sectors — natural resources; trade, transportation and utilities; and professional and business services — declined by 2,000 jobs. Information services had no change in jobs.

Over the year, Idaho total nonfarm jobs increased 2.3 percent — 16,200 higher than 2016. Education and health services added 5,000 jobs compared with November 2016 — the most of any sector — while professional and business services was down 2,000 jobs during the same period.

Month over month, the Boise Metropolitan Statistical Area’s (MSA) nonfarm payroll employment increased by 700 jobs while Pocatello MSA declined by 200 jobs. Coeur d’Alene, Idaho Falls and Lewiston metro areas saw no change.

The Boise MSA showed the strongest over-the-year percentage increase in nonfarm jobs, up 2.9 percent, followed by Pocatello, 2.2 percent; Idaho Falls and Lewiston, 1.7 percent; and Coeur d’Alene, up 1 percent.

In November there were 18,945 online job openings in Idaho compared with 22,215 in November 2016. Of these online postings, 5,170 were classified as hard-to-fill, down from 5,313 a year ago.

Hard-to-fill positions are those continuously posted for 90 days or more. Nearly 24 percent of those hard-to-fill jobs were in health care and included physicians, surgeons, psychiatrists, occupational and physical therapists and support positions.

Weekly averaged, unemployment insurance benefit payments were down 18 percent — from $1.6 million a year ago to $1.3 million for November 2017. The number of claimants dropped 19 percent from a weekly average of 5,400 a year ago to 4,400.

Twenty-four of Idaho’s 44 county unemployment rates were above the state rate in November. Four counties were at or above 5 percent — Clearwater, 6 percent; Shoshone, 5.5 percent; Lewis, 5.5 percent; and Adams, 5 percent. Madison County’s unemployment rate remained the lowest at 2 percent.

ARTICLES BY BRIAN WALKER; STAFF WRITER

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