Department of Numbers

Idaho Falls, Idaho Unemployment

The BLS reported that the unemployment rate for Idaho Falls rose 0.1 percentage points in September 2023 to 2.7%. For the same month, the metro unemployment rate was 0.4 percentage points lower than the Idaho rate. The unemployment rate in Idaho Falls peaked in April 2020 at 7.9% and is now 5.2 percentage points lower. From a post peak low of 2.2% in February 2023, the unemployment rate has now grown by 0.5 percentage points. You can also compare Idaho Falls unemployment with unemployment in other cities.

Unemployment Rate September 2023 Month/Month Year/Year
National 3.8% 0.0 +0.3
Idaho 3.1% +0.1 +0.3
Idaho Falls 2.7% +0.1 +0.3
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with September 2023 data as October metro level unemployment data has not yet been released.

Unemployment Rate: Idaho Falls, Idaho, National

Idaho Falls, Idaho monthly unemployment rate chart

Note: Recessions shown in gray.

Idaho Falls, Idaho Unemployed

The number of people unemployed in Idaho Falls peaked in April 2020 at 5,660. There are now 3,447 fewer people unemployed in the metropolitan area. From a recent trough of 1,797 in February 2023, the number of unemployed has now grown by 416.

Unemployed Persons September 2023 Month/Month Year/Year
Idaho Falls 2,213 +44 +336

Number of Unemployed Persons

Idaho Falls, Idaho Unemployment History

Date National
Unemployment Rate		 Idaho
Unemployment Rate		 Idaho Falls
Unemployment Rate		 Idaho Falls
Unemployed
October
2023		 3.9% 3.2% — —
September
2023		 3.8% 3.1% 2.7% 2,213
August
2023		 3.8% 3.0% 2.6% 2,169
July
2023		 3.5% 2.8% 2.5% 2,070
June
2023		 3.6% 2.7% 2.4% 1,971
May
2023		 3.7% 2.6% 2.3% 1,900
April
2023		 3.4% 2.6% 2.3% 1,837
March
2023		 3.5% 2.6% 2.3% 1,826
February
2023		 3.6% 2.6% 2.2% 1,797
January
2023		 3.4% 2.7% 2.3% 1,802
December
2022		 3.5% 2.8% 2.3% 1,850
November
2022		 3.6% 2.8% 2.3% 1,852

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers. ↩

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