Idaho’s “micro” counties, rural counties that have no town with a population greater than 5,000 within their borders, have experienced significant differences in economic growth and development from the state’s urban counties as well as other, larger rural counties.
Rural issues have received significant attention in Idaho. In addition to research conducted within the Idaho Department of Labor, both the Governor’s Office and the Department of Commerce have discussed specific initiatives aimed at fostering economic growth in rural Idaho.
Department of Labor analysts define “rural” as all counties that do not contain an urban center, as noted in previous articles. This definition doesn’t recognize some of the differences in non-urban counties by assuming any county without an urban center is “rural.” Further narrowing the definition to “micro” counties for the purposes of this analysis avoids this issue by identifying Idaho’s smallest communities and defining their counties as rural.
Though last spring’s labor market for college graduates was hot, the Class of 2017 will likely find the best job market in 10 years when they graduate this spring. Surveys suggest that employers are ramping up their recruitment efforts for this year. Federal Reserve Chair Janet Yellen said on Dec. 18 that college graduates are entering the strongest job market the country has seen in nearly a decade. New grads also are expected to find more job openings here in Idaho. Placement offices at Idaho universities report more employers are showing interest in their students graduating this spring.
Michigan State University’s Recruiting Trends, released in September, projected hiring should be very strong for the Class of 2017. Company growth and employee turnover are expected to increase hiring of newly minted bachelor’s degree holders by 19 percent, according to 4,350 employers of all sizes across industries and in all states. Sectors experiencing heavy growth include hospitality and food services; arts and entertainment; finance; real estate and leasing; transportation; and retail and wholesale trade.
At Idaho State University, several Idahoans are able to prepare for new medical careers, fill high-demand jobs and stay in Idaho with the support of the Idaho Department of Labor.
The backbone of the endeavor is a federally funded program, designed to assist eligible individuals find and qualify for meaningful employment. This in turn helps employers find skilled workers they need for success.
Matthew Ries is one of the students attending ISU with the support of the Idaho Department of Labor.
The program is especially important to people who have lost jobs due to layoffs or business closures, or have been unemployed for a lengthy amount of time and have exhausted their unemployment benefits. It also helps adults who need assistance to find work that allows them to be self-sufficient.
For Tracy Calvert of Nampa, the program was ideal. He found himself without a job after being laid off from a 14-year career. When he heard about the program through the Department of Labor, he worked with consultant Maribel Guzman and discovered he qualified for one of the nursing program at ISU’s Meridian campus.
“This provided financial support that I wouldn’t have had without putting my family and our financial health at risk,” Calvert said. He is in the accelerated Bachelor of Science in nursing program.
It seems there is almost a daily story on the effect robots and automation will have on the current labor force. Autonomous, self-driving cars and trucks, robot mops and automated pizza delivery vans are at the horizon’s edge of a future economy that promises to redefine the interplay between humans and machines in the production of work.
Estimates indicate 47 percent of current employment in the United States has the potential to be automated in the next 10 to 20 years based on current technology trends. However, potential risk is not the same thing as inevitable replacement, and research shows that while some jobs will likely be fully automated, most will be redefined as automated systems and robots are introduced into the economy. Continue reading
In March, Idaho had the distinction of being the leader nationally in the percentage growth of non farm jobs over the previous year. As a share of its economy, Idaho added the most jobs of any state — 3.6 percent over the past year, followed by Oregon and Utah, both at 3.3 percent, and Tennessee and Washington each at 3.2 percent.
The unemployment rate is one of the most widely referenced indicators of economic health. Separations – people leaving jobs – can have a large impact on the rate. Some may view this as a negative indicator of economic strength – more separations mean a weaker job market – but that is not always the case as it depends on why people leave their jobs. Recently, data suggests separations are increasing and approaching the same levels during the recession, but this is actually a good thing.
The class of 2016 is likely to enjoy the best job market for new college graduates in 10 years — both nationally and in Idaho.
U.S. employers say they plan to hire 11 percent more college graduates this spring than last, according to a late October survey by the National Association of Colleges and Employers. About 42 percent of survey respondents characterized the job market for class of 2016 as “very good” or “excellent.” Two years ago, only 18 percent did. A Michigan State University survey of employers around the same time projected a 15 percent increase in hiring for college graduates.