Idaho's Unemployment Drops To 7 Percent
BOISE, Idaho (AP) â¿¿ Idaho's seasonally adjusted unemployment rate dropped a tenth of a percentage point to 7 percent in October, the lowest rate in 3.5 years.
The Idaho Department of Labor says the decline is mostly due to 1,100 workers leaving the state's labor force. Over 7,000 people have left the labor force since May.
The Labor Department says the state's unemployment rate has dropped nearly 2 percentage points since its post-recession high of 8.9 percent in July 2011.
Just over 14,500 unemployed workers received $14.2 million in state and federal unemployment benefits in October, down from 23,300 workers and $22.6 million in benefits in October 2011. Federal extended unemployment benefits expire at the end of the year.The national unemployment rate in October was 7.9 percent.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV