Idaho Unemployment Rate Falls To 8.0 Percent - Spokane, North Idaho News & Weather KHQ.com

Idaho Unemployment Rate Falls To 8.0 Percent

BOISE, Idaho (AP) - The Idaho Department of Labor says the state's unemployment rate has dropped to 8 percent for February, the seventh straight monthly decline and the lowest rate since September 2009.

Idaho's unemployment rate peaked at 8.9 percent in late 2010.

Businesses hired over 11,000 new workers for the third month in a row, exceeding February hires by 2,000 to 3,000 for the previous three Februarys.

Idaho's total employment was 715,000 in February, marking the eighth month in a row that employment numbers have risen.

The national unemployment rate held steady at 8.3 percent in February.

In Idaho, just over 35,000 workers were paid $35.3 million in state and federal unemployment benefits during February, a 20 percent decline from February 2010 when 44,500 jobless workers received $44.7 million in benefits.

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