Open in App
  • U.S.
  • Newsletter
  • Stacker

    How unemployment in Custer County compares to the rest of the state

    By Stacker,

    20 days ago

    https://img.particlenews.com/image.php?url=3m5mK0_0scrk1k200
    Canva

    Here's how unemployment in Custer County, Idaho compares

    Custer County's unemployment rate in December was 4.6%—ranked #9 highest out of 44 in the state.

    Nationally, unemployment has leveled with pre-COVID rates , measuring between 3.5% and 4% for most of the past two years. Bureau of Labor Statistics data showed a 3.7% unemployment rate in January. Previously, unemployment skyrocketed to 14.7% at the height of the COVID-19 pandemic in April 2020, and those rates remained elevated through late 2021.

    Though national unemployment has mostly normalized, local economies vary widely. Stacker used Bureau of Labor Statistics data to analyze unemployment in Custer County over time, and how it stacks up within Idaho and across the nation.

    The unemployment rate in Custer County is 0.9 percentage points above the national level, and 1.3 percentage points above the state level. It ranks #9 among counties in Idaho —ranked first by the preliminary December 2023 unemployment rate, then breaking ties by the number of unemployed people. It trails behind Boise County, with an unemployment rate of 4.7%, but surpasses Lemhi County (4.4%).

    In real terms, it means an estimated 92 of Custer County's approximately 1,982 working residents are out of a job at the moment. That's 20 more than last month and 25 more than a year ago. Some economists fret another recession may be on the horizon, which would drive unemployment up with business closures and layoffs.

    This story was produced using automation across 3,100 counties, boroughs, and parishes, based on writing and data reporting by Paxtyn Merten.

    Expand All
    Comments / 0
    Add a Comment
    YOU MAY ALSO LIKE
    Most Popular newsMost Popular

    Comments / 0