Tag Archives: idaho employment

Around Idaho: January 2017 Economic Activity

Information provided in this article is from professional sources, news releases, weekly and daily newspapers, television and other media.

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

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone counties

Kootenai County

  • The city of Rathdrum has announced plans to form an urban renewal agency. The goal of the agency will be the development of Rathdrum’s large vacant areas which are currently zoned for light industrial. Rathdrum is home to two technical schools, and city officials expressed hope that development of the industrial areas will help keep graduates from these schools working in the city. Source: Coeur d’Alene Press
  • Empire Unmanned – a northern Idaho manufacturer of unmanned aerial vehicles – has announced that it will offer a certification course for commercial drone pilots. The company’s sales tripled in 2016 as commercial uses for drones have proliferated. The certification course, which will be offered at North Idaho College, will reflect the evolving regulatory requirements promulgated by the Federal Aviation Administration. Source: Coeur d’Alene Press
  • The Coeur d’Alene school board voted in favor of a $35.5 million bond measure and a $32 million operating levy, both of which will be put before votes in March. The measures come amid rapid enrollment growth which has left Coeur d’Alene schools significantly overcrowded. Due to rising assessed property values, tax rates would not increase even if both the bond and the levy are approved. Source: Spokesman Review

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Defining Rural Idaho Presents Challenges

Idaho is comprised of 44 counties – seven urban and 37 rural – as classified by the Idaho Department of Labor. Idaho fits snugly between economic urban powerhouse states Washington and Oregon and more rural neighbors Montana and Wyoming. The geographic placement of Idaho creates a unique situation.

The broad county categories of urban and rural are based mostly on population density. Though a simple classification system, it may have some significant restrictions. As time passes more people are leaving rural areas out of economic necessity such as seeking better job opportunities, education access and health care amenities. Migration out-flow data shows that rural counties like Madison and Clark have the highest rates of out-migration – up to 17 percent annually. Meanwhile, only Canyon and Ada counties have experienced an annual out-migration of only 3 to 6 percent. Though these changes mimic national trends, rural communities throughout Idaho are still active and pushing to thrive. Besides population density, there are many characteristics that separate a rural area from an urban one.

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Around Idaho: December 2016 Economic Activity

Information provided in this article is from professional sources, news releases, weekly and daily newspapers, television and other media.

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

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone counties

  • STCU credit union opened a new branch in downtown Coeur d’Alene after remodeling a former Bank of America Location. The new location, which offers business services and consumer and commercial lending, is STCU’s 20th branch overall and its third in northern Idaho. Source: Coeur d’Alene Press
  • The Coeur d’Alene Planning Commission approved a permit for Lake Drive Apartments to build a 30-unit, five-story apartment complex in the underdeveloped East Sherman neighborhood. Lake Drive expressed hopes that construction could be completed in the summer of 2017. Source: Coeur d’Alene Press
  • The city of Coeur d’Alene relaxed its rules governing child care business licenses and will now grant licenses to applicants with marijuana charges more than five years old. The change was made to address a serious local shortage of child care providers. The city expressed optimism that the relaxed rules will help address the shortage. Source: Coeur d’Alene Press

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Around Idaho: October 2016 Economic Activity

Information provided in this article is from professional sources, news releases, weekly and daily newspapers, television and other media.

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

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone counties

Kootenai County

  • Northwest Specialty Hospital in Post Falls announced the opening of a new digestive surgery center. The new center – formally called the Northwest Institute for Digestive Surgery – will give patients the ability to receive all their digestive consultations, diagnostics and treatment options in one location. Source: Coeur d’Alene Press
  • The Post Falls Outlet Mall – which was formerly mostly vacant – continued its streak of new openings over the last month. Escape Adventures, SNR Costume Rentals and Ace Industrial Supply recently opened in the outlet mall. Source: Coeur d’Alene Press

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Economic Changes in Southwestern Idaho

Many factors have affected the economic picture on international, national, state and local levels over the past five to 10 years.

In Southwestern Idaho one example is a strong population growth. Over the decade from 2005 to 2015, this region’s population increased from nearly 617,000 to 750,000, a 22 percent increase. The two urban counties, Canyon and Ada, grew faster than this rate, while the other eight counties grew slower, highlighting the continually deepening divide in urban-rural population growth that is occurring across Idaho.

EM-fig-1 Source: U.S. Census Bureau

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Home Health Care Services Growing; High Turnover is a Challenge

Home health care services is a small, yet rapidly growing industry group within the heath care sector. However these positions – home health aides, personal aides and nursing assistants – typically experience a high turnover rate, independent of wages, as employees gain experience and move up to more advanced careers.

Wages in this industry group – considered low compared to jobs in other healthcare subsectors – are largely determined by externally set Medicaid and Medicare reimbursement rates, making it difficult for home health care employers to remain competitive in the face of declining unemployment rates.

The average pay for home health care service positions is $18,500 a year, 68 percent less than the average hospital employee. This industry group also experiences a higher turnover rate than any other health care industry sub-sector. A strong wage-turnover relationship can be implied in this case, but factors outside of natural forces of supply and demand drive this relationship.

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Around Idaho: July 2016 Economic Activity

Information provided in this article is from professional sources, news releases, weekly and daily newspapers, television and other media.

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

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone counties

Kootenai County

  • Post Falls has begun a $14.75 million project to upgrade its water reclamation facility to meet the dual goals of river cleanup and odor abatement. The project, which is expected to be completed by the end of the year, will reduce the odor pollution which often affects surrounding neighborhoods. The upgrades will also improve the purification of the wastewater, which the facility discharges into the Spokane River. Source: Coeur d’Alene Press

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