Idaho is a state located in the western United States, known for its picturesque landscapes and outdoor recreational opportunities. The state’s economy is diverse, with strong industries in agriculture, manufacturing, and technology. In recent years, Idaho’s labor market has been performing well, with low unemployment rates and steady job growth.
As of December 2020, the unemployment rate in Idaho was 2.6%, well below the national average of 6.7%. This is a significant improvement from the peak of the pandemic, when unemployment reached a high of 14.8% in April 2020.
The state’s agriculture industry is a major contributor to its economy, with Idaho being the largest producer of potatoes in the country. The manufacturing sector is also strong, with a particular emphasis on semiconductors and computer storage. Additionally, the state has seen growth in its technology industry, with companies such as Micron Technology and HP Inc. having a presence in the state.
The healthcare industry is another major employer in Idaho, with several hospitals and clinics located throughout the state. The education sector also employs a significant number of people, with the Idaho State Board of Education estimating that there were nearly 25,000 public school teachers in the state in 2020.
Overall, the labor market conditions in Idaho are strong, with low unemployment rates and steady job growth in key industries. While the state was affected by the pandemic like the rest of the country, it has seen a quick recovery in terms of employment. This, along with the state’s diverse economy, makes Idaho an attractive place for job seekers and businesses alike.