Sign In
Free Newsletter
Biz ‘Bite:’ Stakeholders launch Idaho Engineering Growth Initiative Survey
Read More IBR Headlines [feed url="https://idahobusinessreview.com/category/news/ibr-headlines/feed/" number="3"] In order to help grow Idaho’s economy and satisfy a growing demand for workers with engineering and computer science expertise, industry leaders have launched an initiative focused on increasing the number of students graduating from Idaho’s universities and colleges with key c[...]
Latest labor data reveals industries offering most security into uncertain 2023
Another month, another unchanged unemployment rate. November 2022 labor market data showed a steady 3.7% rate of unemployment in the country, matching figures from the previous month and perpetuating the already tight market. Despite this news, some industries are seeing significant fluctuations in employment levels. In industries where employee demand is increasing, wages are a[...]
studio\Blu’s New Product Development Center offers collaboration for entrepreneurs and students
Read More IBR Headlines [feed url="https://idahobusinessreview.com/category/news/ibr-headlines/feed/" number="3"] studio\Blu, a student-centric program within Boise State University, is providing an innovation and talent pipeline for small- to medium-sized product manufacturing firms. According to Catherine Cantley, center director, in the last two years, the center has created more than[...]
Year in Review: Stakeholders collaborate to address workforce challenges
Unemployment. Labor force participation rate. Employee retention. Skilled workforce. Continuing from 2021, Idaho’s labor market was described as “tight” all year, as Idaho Department of Labor reported in April that the state’s labor force participation rate fell from pre-pandemic levels to approximately 62%, and that, on average, there were about two open jobs for every unemployed Id[...]
Pre-pandemic patterns return in the Idaho labor market
Labor statistics for Idaho are continuing their return to normalcy, according to statistics recently released by the U.S. Bureau of Labor Statistics (BLS) and the Idaho Department of Labor (DOL). While the state's job openings, hires and quits all showed small declines since the summer, the real story is arguably in the labor force participation rate and the employment-to-population ratio, both of[...]
Another software company launches new product aimed at improving local hiring experience
Local startup software company Another, based out of Eagle, recently launched a new product, AnotherHire that focuses on building solutions that bring businesses and people together. Another’s four-person team has spent the last year and a half building up a foundation for AnotherHire — a hiring platform that the company said it believes will be “an empowering tool for small- and medium-size[...]
Idaho apprentices enrolled in registered training sees 52.7% gain in 2022
Non-traditional apprenticeships can increase talent employee pool More Idaho workers have enrolled in apprenticeships this year than ever before, broadening the potential for state workforce gains in a tight labor market. A total of 1,179 new apprentices enrolled in an apprenticeship in 2022, with 81 new apprenticeship programs registered throughout Idaho. Enrollments are up 52.7% fro[...]
Unemployment claims rise to 240,000, highest since August
The number of Americans applying for unemployment benefits rose to the highest level since August but still remains low by historic standards. The Labor Department reported Wednesday that 240,000 people applied for jobless aid last week, up by 17,000 from the week before. The four-week moving average of claims, which smooths out week-to-week volatility, rose by 5,500 to 226,750. Applications[...]
Idaho labor achieves pre-pandemic employment rates
The Idaho Department of Labor (DOL) released the October unemployment rate for the Gem State on Nov. 18, which was unsurprising both in content and tone. The unemployment rate crept up o.1% to 2.9% compared with September, making October “the ninth consecutive month the state rate has been below 3%.” To wit, unemployment is up, but it still continues to stay really low. Unpacking unemployme[...]
Registered apprenticeships benefit Idaho’s people, economy
Nov. 14-20 is National Apprenticeship Week and marks the celebration of a proven and time-honored career pathway. Right now, 236 Idaho businesses sponsor apprenticeships, with more than 1,800 participating Idahoans getting paid on the job. Like many Americans, Idahoans have seen sharp increases in housing costs while the consumer price index has risen 8.2% in just one year. Facing these circum[...]
School districts provide local solutions to dental staffing shortages
[caption id="attachment_286179" align="alignleft" width="300"] Students participating in Boise School District's dental education program. Photo courtesy of Gail Enmark[/caption] Staffing shortages are plaguing industries of all kinds, and the dental field is no exception. To help address the lack of qualified dental professionals, local school districts and dentists are offering dental assisti[...]
Biz ‘Bite:’ Intuit expands headquarters with new hybrid workspaces
Intuit has announced its opening of a new 65,000-square-foot building on its existing site in Eagle that is intended to "reflect the company’s workplace of the future strategy." [caption id="attachment_286113" align="alignright" width="300"] A view of interior features in Intuit's new Boise building. Photo courtesy of Intuit[/caption] Design highlights include: New furnishings, room l[...]
