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Idaho Comment on NFIB’s Latest Jobs Report

Idaho Comment on NFIB’s Latest Jobs Report

July 2, 2026

Noteworthy about the latest survey is that it didn’t slip below its historical average

FOR IMMEDIATE RELEASE
Contact: Suzanne Budge, Idaho State Director, sbs@sbsidaho.com
or Tony Malandra, Senior Media Manager, anthony.malandra@nfib.org

BOISE, Idaho, July 2, 2026From NFIB Idaho State Director Suzanne Budge on today’s release of NFIB’s June Jobs Report showing the Small Business Employment Index remaining essentially flat, registering 100.2 in June after measuring 100.3 in May. This is the fourth consecutive month the Index declined. The current reading is below the 2025 average of 101.2 but still slightly above the historical average of 100.0.

“I think what’s noteworthy about the latest Jobs Report is that it didn’t slip below its historical average, so it will take future Jobs Reports to draw any meaningful conclusions. I will be more interested to see what our next Small Business Optimism Index reveals upon its release July 14.”

The NFIB Small Business Employment Index is a measure of the current state of the small business labor market. The Index integrates actual and planned changes in employment and employee compensation into a singular data point. A higher Index reflects an overall tighter labor market; a lower Index reflects an overall weaker labor market.

From NFIB Chief Economist Bill Dunkelberg

“Main Street job openings are starting to pick up after a decline in May. While more small businesses are looking to hire, many owners still cannot find qualified workers.”

Highlights from the Latest NFIB Jobs Report

  • Overall, 62% of owners reported hiring or trying to hire in June, up 7 points from May. Fifty-one percent of owners (84% of those hiring or trying to hire) reported few or no qualified applicants for the positions they were trying to fill (up 5 points). Twenty-seven percent reported few qualified applicants (up 3 points), and 24% reported none (up 2 points).
  • In June, both labor compensation measures declined. A seasonally adjusted net 28% reported raising compensation, down 3 points from May and the lowest reading of the year. A net 17% (seasonally adjusted) plan to raise compensation in the next three months, down 1 point from May.

 

Keep up with the latest Idaho small-business news at www.nfib.com or by following NFIB on X @NFIB_ID.

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For over 80 years, NFIB has been advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. NFIB is a nonprofit, nonpartisan, and member-driven association. Since our founding in 1943, NFIB has been exclusively dedicated to small and independent businesses and remains so today. For more information, please visit nfib.com.

NFIB Idaho
802 W. Bannock Ste. 301
Boise, ID 83702
208-345-6632
NFIB.com
X: @NFIB_ID

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