Idaho’s labor market remains solid even as job creation has moderated in recent months.
In June, the state’s year-over-year employment growth was the 8th highest in the nation at 2.3 percent. Idaho’s unemployment rate tied with Utah for the 5th lowest in the country at 2.8 percent. Idaho added 18,200 jobs over the past year, with the professional and business services (+5,800), education and health services (+3,100), and government (+2,500) sectors adding the largest number of employees. Only the information (-1,000) sector experienced job losses. Home prices in Idaho continue to rise at the fastest rate in the nation. In June, the state's median home value rose 14.7 percent from the year before versus 5.2 percent nationally.