Department of Numbers

Idaho Falls, Idaho Unemployment

The BLS reported that the unemployment rate for Idaho Falls fell 0.1 percentage points in January 2023 to 2.3%. 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 8.0% and is now 5.7 percentage points lower. From a post peak low of 2.2% in April 2022, the unemployment rate has now grown by 0.1 percentage points. You can also compare Idaho Falls unemployment with unemployment in other cities.

Unemployment Rate January 2023 Month/Month Year/Year
National 3.4% -0.1 -0.6
Idaho 2.7% -0.1 0.0
Idaho Falls 2.3% -0.1 0.0
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with January 2023 data as February 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 5,765. There are now 3,920 fewer people unemployed in the metropolitan area. From a recent trough of 1,776 in February 2022, the number of unemployed has now grown by 69.

Unemployed Persons January 2023 Month/Month Year/Year
Idaho Falls 1,845 -75 +39

Number of Unemployed Persons

Idaho Falls, Idaho Unemployment History

Date National
Unemployment Rate		 Idaho
Unemployment Rate		 Idaho Falls
Unemployment Rate		 Idaho Falls
Unemployed
February
2023		 3.6% — — —
January
2023		 3.4% 2.7% 2.3% 1,845
December
2022		 3.5% 2.8% 2.4% 1,920
November
2022		 3.6% 2.8% 2.5% 1,983
October
2022		 3.7% 2.8% 2.5% 1,987
September
2022		 3.5% 2.8% 2.4% 1,943
August
2022		 3.7% 2.8% 2.4% 1,914
July
2022		 3.5% 2.7% 2.4% 1,879
June
2022		 3.6% 2.6% 2.3% 1,850
May
2022		 3.6% 2.5% 2.2% 1,787
April
2022		 3.6% 2.5% 2.2% 1,776
March
2022		 3.6% 2.5% 2.3% 1,783

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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