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.
Franklin's monthly unemployment rate was 3.1 percent in January, 2023. This compares to 3.1 percent in Idaho as a whole.
Franklin's average annual unemployment rate in 2021 . . .
was 2.5 percent compared to 3.5 for Idaho
was less than the previous year's rate of 3.6 percent.
ranked 43rd – from highest to lowest – out of Idaho's 44 counties.