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Idaho unemployment rate drops to 3% as pandemic fades

Unemployment drops to lowest level since 1973
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BOISE, Idaho — Idaho’s unemployment rate dropped a tenth of a percent to 3% from April to May as the coronavirus pandemic fades.

The Idaho Department of Labor said Friday that the total number of people unemployed has dropped nearly 63% compared to a year ago. The state's labor force grew a tenth of a percent to 901,494 in May as people continue moving to Idaho.

Of those, 874,143 are employed, boosting total employment by two-tenths of a percent. Just over 27,000 people are looking for work.

The labor force participation rate comprised of those 16 years and older working or looking for work remained unchanged at 62.7%.