Idaho personal income, business profits rise
Here are some signs of economic recovery, courtesy of the Idaho Department of Labor: Thirty-seven of Idaho's 44 counties saw total personal income rise in 2010, vs. just five in 2009, according to new estimates from the U.S. Bureau of Economic Analysis. Meanwhile, business profits rose more than wages, jumping 13 percent statewide, vs. 2.1 percent for worker paychecks.
Some examples: In Boundary County, total income was up 6.8 percent from the previous year, even though the average wage, at $31,114, fell 1.1 percent, and the number of jobs, 3,636, was down 2.5 percent. Kootenai County saw a 1.5 percent drop in the number of jobs, but a 2.2 percent rise in the average wage to $33,071; total income was up 3.3 percent. In Shoshone County, total income was up 6.4 percent, while the average wage was up 8.3 percent to $35,214, even as the number of jobs fell 3.3 percent. You can read Labor's full announcement here, including county-by-county data.