People are counted as unemployed if they are at least 16 years old, are without a job and available for work, and have recently made specific efforts to find employment. The unemployment rate is the number of unemployed as a percent of the entire labor force. 
Gooding's monthly unemployment rate was 2.7 percent in May, 2024. This compares to 3.2 percent in Idaho as a whole. 
Gooding's average annual unemployment rate in 2020 . . . 
was 3.8 percent compared to 5.5 for Idaho 
was greater than the previous year's rate of 2.6 percent. 
ranked 36th – from highest to lowest – out of Idaho's 44 counties.