Growth, recession, the transition of Idaho’s economy, and the effects of change on Idahoans.
How do Idahoans spend their workaday lives? Data released by the U.S. Census Bureau last week offer one answer. This is what working Idahoans did at work — broadly speaking, anyway — in 2011. Source: U.S. Census Bureau The construction sector has shifted in the opposite direction over the same time period, shrinking from 10.1 […]
The historic $25 billion national mortgage settlement reached in February could result in direct payments to more than 12,200 Idaho borrowers. That’s how many Idahoans are eligible to share in nearly $10 million in direct payments from Bank of America, J.P. Morgan Chase, Wells Fargo, Citigroup and Ally Financial. The borrowers were on the receiving […]
Last year, 13.5 percent of Idahoans received food stamps, according to the U.S. Census Bureau. That works out to about 214,000 people. It’s an increase from 2010, when 12.5 percent of Idahoans were enrolled in the Supplemental Nutrition Assistance Program (SNAP). In fact, as shown in the graph below, Idaho’s rate of food stamp use […]
Idaho’s poverty rate continued its upward climb in 2011, rising to 16.5 percent. That’s higher than the national rate of people living in poverty, which grew to 15.9 percent. Put another way, more than 255,000 Idahoans lived below the federal poverty guideline last year. The state’s poverty rate has climbed each year since 2007, when […]
Here’s a look at the five most-read posts of the week. Check them out, share them, and let us know what you think. Romney’s 47 Percent Includes A Whole Lot Of Idahoans After The Wind Boom, A Fight Over Idaho’s Energy Future Buying Trumps Renting In Boise’s Recovering Housing Market Should Idaho Expand Its Medicaid […]
Census data released today paint a picture of the recession’s lasting impact in Idaho. The state’s median household income has dropped considerably since 2008, when half of Idahoans earned more than $47,576 and half earned less. In 2011, median income continued its retreat, falling to $43,341. That’s a nearly 9 percent drop. Source: U.S. Census […]
Just one Idahoan appears on Forbes’ list of the 400 richest Americans, released today. He is Robert (Earl) Holding, 85, founder of the Little America chain of hotels and resorts, and owner of Sinclair Oil Corporation. Little America and Sinclair Oil are both based in Salt Lake City, but the hotel group also owns Idaho’s […]
*We originally reported fall enrollment is down this year compared to last in Boise State University’s M.B.A. program, when in fact enrollment has increased from 119 full and part time students in 2011 to 139 full and part time students. For the fourth year in a row, the number of applicants for two-year, full-time M.B.A. […]
Early this year, as a signs of economic recovery faded into yet another spring slump, Boise for the most part held its ground. That’s the main local takeaway from the Brookings Institution’s current Metro Monitor report, which sizes up the health of urban economies from April through June. Idaho’s unemployment rate held steady during that […]
According to the Tax Policy Center Idaho has the 10th largest share of tax filers who don’t pay federal income taxes. Yesterday, Mother Jones released video of Republican presidential candidate Mitt Romney saying, among other things, that people who don’t pay income taxes are “dependent upon government” and won’t vote for him. But as this […]
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