Idaho Employment Newsletter July 2017

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Idaho Department of Labor

Idaho Employment

A monthly update of how Idaho's economy is doing in your area in July 2017

 

2017 Total Solar Eclipse: Economic Windfall or Infrastructure Challenge?

The 2017 total solar eclipse has taken center stage in regional media. As August approaches, cities, businesses and residents alike are preparing for a still unknown number of visitors to Idaho as there is no accurate way of estimating the numbers.Experts from Great American Eclipse.com expect anywhere from 93,000 and 370,000 visitors across Idaho on and around Aug. 21. NASA estimates upwards of 500,000.

 

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Eclipse map

Path of the total solar eclipse as it passes over Idaho. (Image: Google Maps)


Idaho’s Lumber Industry Gets Boost from Trade Tariffs

Recent tariffs imposed on Canadian softwood lumber should reduce the amount of lumber the U.S. imports from Canada and boost the Idaho lumber industry this year. Softwood lumber — made from pine, fir, cedar and spruce — is mostly used for framing new houses.

 

Last year, according to Wood Resources Quarterly, imports from Canada accounted for 32 percent of lumber used in the United States.

 

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Community College to Impact Spending in Eastern Idaho

A community college can fill educational, community and social needs in a region. Spending the first two years of a four-year degree at a community college and increased educational attainment levels could add $5.2 million in annual spending to eastern Idaho’s regional economy.

 

In May, Bonneville County voters approved a tax measure allowing Eastern Idaho Technical College to become a community college.

 

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Other Stories


Around Idaho: June 2017 Economic Activity


Idaho Leads Nation in First Quarter Personal Income Growth


Idaho’s Population Aging Faster than Nation’s


Idaho’s Hispanic Population Increases 3.3 Percent from 2015-2016

 

Idaho’s May Unemployment Rate Declines to 3.2 Percent


Idaho Economic Situation Report


May 2017

 

Statewide Unemployment Rate

3.2%

 

Number of Employed

794,046

 

Find more labor market at

lmi.idaho.gov