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October Jobless Rate Drops to Lowest Level in 6½ Years (Idaho Department of Labor)

(Source: Idaho Department of Labor) Information Contact 1: (208) 332-3570 ext 3628 Information Contact 2: Bob Uhlenkott : (208) 332-3570 ext 3217 : Idaho's seasonally adjusted unemployment rate dropped four-tenths of a percentage point to a 6½-year low of 4.1 percent in October despite slowing economic activity by employers. Last month's drop in the jobless rate - the largest one-month change on record - was driven by a combination of rising employment and a declining labor force.  October's unemployment rate is the lowest since March 2008. The state's four-tenths of a percentage point decline from September overwhelmed the one-tenth drop in the national rate, which has been higher than...

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