Overall unemployment rate moved down to 2.2% with the biggest shift in Restaurants & Hotels, which lost 900 roles, based on the most recently available information published in December 2021.
Total employment in the Coeur d'Alene, ID market rose by 7 jobs in October and the unemployment rate decreased compared to the prior month by 20 bps to 2.2%. The national unemployment rate decreased by 30 bps over the same time to 4.3%.
- Coeur d'Alene, ID unemployment rate is 206 bps below the national rate which is a positive sign.
- Unemployment in the market is 300 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in October versus prior month by 12.9% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.7%. Key sectors include:
- Transportation & Utilities: 13,500; +200
- Government: 11,800; +400
- Restaurants & Hotels: 11,600; -900
- Education & Healthcare: 8,900; +100
- Business Services: 7,700; +100
- Construction, Mining: 6,700; -200
- Manufacturing: 5,000; no change
- Financial Services: 3,800; -100
- Other Jobs: 2,100; -100
- IT & Development: 600; no change
Data is based on the most recent 12 months available, through October 2021 (Data published December 2021 and reports created on December 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.