This page updated: May 1, 2013
According to the data released on May 1, February unemployment in Valley County was corrected down to 13.9 (from the original estimation of 14.2%). With March estimated at 14.0%, unemployment stayed about the same for the past three months, and only slightly below the same months last year.
Looking at the development of the local job pool and available labor force (figure 3), we can see that the job market had improved over the summer, but than started lagging again.Unemployment figures (not adjusted for seasonality) for some of our neighboring counties: Adams County: 16.9 % Blaine: 6.6 % Clearwater: 16.9 % Idaho County 11.0 %
Figure 2: long term unemployment trends
Figure 3: Valley’s Labor Force over time (Tamarack peak mid 2007). Unemployed individuals =[labor force] – [job pool]