41% of Workers Laid off in Last Three Months are Back to Work

Despite it being one of the most challenging hiring environments in the nation’s history, 41% of workers who were laid off from full-time jobs in the last three months reported they found a new full-time, permanent position while another 8% found part-time work.

This is good news on a national level. Perhaps this is why Kootenai County's unemployment actually went down 3/10th's of a percent from 7.7 to 7.4 in the last month. Unemployment in the greater Coeur d'Alene area is actually expected to reach the 9-10% range by late summer. While not good, it's also not the worst we've seen in the last 20 or so years.

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