Monthly Archives: January 2015

January Economic Activity Around Idaho

Information provided in this article has been gathered from various sources throughout the state, including weekly and daily newspapers, television and other media.

Statewide
Northern Idaho
North Central Idaho
Southwestern Idaho
South Central Idaho
Southeastern Idaho
Eastern Idaho

Statewide Developments

  • A recent report from the finance website Wallet Hub says Idaho is the third most-generous state – tied with Kansas, according to Boise State Public Radio. Utah and South Dakota topped the list. Using IRS statistics and survey data for the report for the Chronicle of Philanthropy, Wallet Hub looked at volunteer time and money donated. Idahoans’ high rate of giving was attributed in part to the state’s large Mormon population. About a quarter of Idahoans identify as members of the Church of Jesus Christ of Latter-day Saints. Giving money to a church counts as a charitable contribution in most studies. A University of Pennsylvania study found that 88 percent of active Mormons report giving 10 percent of their income to the church. That’s higher than any other religion in America.

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2014 Data Shows Economic Promise for Northern Idaho

Northern Idaho’s economy showed real life in 2013 and the data currently available for 2014 are stacking up well.

Despite the continued slowness of the state’s economic recovery, the most recent preliminary data for 2014 through June shows regional employment up 1.8 percent over the first half of 2013 with the same three counties leading the way: Kootenai County was up 3.6 percent, Boundary County up 2.1 percent and Bonner County increased by 1 percent. Benewah County also saw fractional employment growth but not enough to offset a 5 percent decline in Shoshone County. Continue reading

Number of College-Age Unemployed Leaving Idaho Declines

The number of out-of-work, college-educated Idahoans leaving the state appears to be declining, but more are moving elsewhere than unemployed college-educated workers coming to Idaho from other states, based on interstate unemployment insurance claims.

Over 200 Idaho workers with college degrees or higher were receiving unemployment payments in other states at the end of 2012 and the beginning of 2013 while about 50 workers with degrees from other states were collecting benefits in Idaho.

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Boise High School Senior Makes a Difference by Volunteering

For Boise High School senior Frank DeAngeli, volunteering is about making a difference in the world.

Frank DeAngeli

Frank DeAngeli

“I recognize it seems ludicrous for me to claim my volunteerism in a small Idaho city is changing the world,” DeAngeli said. “It only takes one stone thrown into a body of water to create ripples. if enough stones are thrown, eventually the body of water will be diverted forever.”

With Idaho now ranking second in the nation for volunteerism, it’s proof  that volunteers in the Gem State are making a difference.

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Why Did I Receive a 1099G Tax Form?

Why did I receive a 1099G tax form from the Department of Labor? Are unemployment insurance benefits taxable?

If you collected or repaid unemployment insurance benefits in 2014, you were mailed a summary of the benefit payments you received. The 1099G form shows the total taxable unemployment compensation issued to you from the State of Idaho for a calendar year.

Yes, unemployment insurance benefits are taxable. Payment information is reported to the Internal Revenue Service (IRS) and you are required to file a tax return for payments received or repaid.

Sample 1099-G form

I collected or repaid unemployment insurance benefits in 2014 and have not received my 1099G tax form yet. Where is it?

The 1099G was mailed on Jan. 28  to the address you have listed on your unemployment insurance contact information. The post office will return a Form 1099G as undeliverable if you moved and did not update your address. It is your responsibility to make sure the Idaho Department of Labor has the most recent and correct address. If your address has changed, go to labor.idaho.gov/iw and update it, even if you are no longer filing. IMPORTANT: YOUR 1099G WILL INCLUDE YOUR ENTIRE SOCIAL SECUIRTY NUMBER, AS REQUIRED BY THE INTERNAL REVENUE SERVICE. FAILURE TO UPDATE YOUR MAILING ADDRESS COULD RESULT IN YOUR 1099G GOING TO THE WRONG ADDRESS AND PUT YOUR IDENTITY AT RISK.

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Career Chat Camp Equips Youth with Employment Skills, Confidence

When it comes to finding employment, many face challenges and obstacles to overcome.

Career Chat Camp is specifically designed by the Idaho Department of Labor to help youth with disabilities – ages 16 to 24 – overcome challenges and obstacles of finding employment. The weeklong camps cover skill building, job readiness and career exploration.

CCC1“Throughout the week we discovered various personal challenges the youth faced including homelessness, disabilities, illiteracy and many more,” said Rachel Piepmeyer, a disability resource coordinator with the Idaho Department of Labor. “These challenges play a significant role in their thoughts on work and success.”

The camp’s Boise pilot, which took place in early August and was supported by many area businesses and organizations, served as a successful kickoff to what will now be an ongoing program. Topics range from finding entry level jobs and filling out applications, to interviewing and identifying habits for success.

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Demand Rising for Some Occupations in Idaho

Year-over-year statistics show Idaho is seeing employment gains. In October, the unemployment rate was 4.1 percent, down from 5.9 percent a year earlier, but what kind of jobs have been created to reduce the number of unemployed workers?

Based on the Conference Board’s Help Wanted Online database of unique online job postings for October 2014, there were 28,877 job postings, an increase of 4,510 from October 2013.

The Conference Board database, however, does not include all job openings. Many employers recruit by word of mouth or other less-than-public methods, but Conference Board data can provide a snapshot of what jobs are being created in the state. Also, not all postings are to fill new jobs. Most postings are to fill existing jobs opened up by workers leaving for retirement or other opportunities.

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