Tag Archives: underemployment

Idaho’s Alternative Measures of Unemployment Show Significant Improvement in 2016

While the number of unemployed Idahoans has steadily declined since May 2009, jobless rates for broader definitions of unemployed – such as discouraged, underemployed and marginally attached workers – improved significantly in 2016.

The U.S. Bureau of Labor Statistics (BLS) identifies six measures, or categories, of unemployment rates based on varying components of the labor force – U-1, U-2, U-3, U-4, U-5 and U-6. (See Figure 1 for definitions.) In Idaho, the official unemployment rate falls into the U-3 category.

Idaho’s broadest measure, U-6, improved to No. 12 in the nation in 2016, three spots better than last year and 23 spots better than the No.35 ranking in 2009 as the nation was coming out of the Great Recession. The U-6 rate is the broadest formal measure of labor underutilization – or underemployment – the BLS reports. It’s determined by the total number of unemployed persons, plus all marginally attached workers, plus the total number of workers who are employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers, Many economists use this definition as the most statistically reliable measure because it uses the most robust protocols for sampling and data collection. Continue reading

Underemployment Edges Up in 2013 as Official Unemployment Drops

Idaho’s official unemployment rate fell steadily during 2013, while the rate of workers faced with underemployment edged up.

Over 11,000 workers found jobs in 2013 including 3,000 new entrants to the labor force, driving the official jobless rate down over a percentage point to 6.2 percent. At the same time, the number of workers considered underemployed rose by almost the same amount, pushing underemployment up more than a full point to 18.2 percent, a reflection of a persisting rise in part-time jobs and the dominance of service sector employment since the recovery began in 2010.

The combined unemployment and underemployment rate for the state was 24.4 percent, up four-tenths of a point from 2012.

Idaho Annual Rates     Continue reading