How Seasonal is Your Economy?

By Lecia Parks Langston, Senior Economist

“Excess generally causes reaction, and produces a change in the opposite direction, whether it be in the seasons, or in individuals, or in governments.” –Plato

Utah’s counties experience the ebb and flow of seasonal employment differently

Seasonality is a common characteristic of employment data. Weather, vacations, holiday spending and school years can all affect the number of workers looking for work or the number of jobs that are available. Utah’s counties are affected differently by seasonality. Some county employment totals vacillate dramatically in a decided pattern throughout each year. In other counties, the changing seasons bring little variation to number of overall filled jobs. In another group of counties, summer and winter seasonality smooth the overall pattern. More...

Utah's Employment Summary: April 2019

Utah’s nonfarm payroll employment for April 2019 grew by an estimated 3.2 percent, adding 48,600 jobs to the economy since April 2018. Utah’s current employment level registers 1,555,400. March’s year-over job growth rate of 3.0 percent was revised up to 3.1 percent.

April’s seasonally adjusted unemployment rate of 2.9 percent is down from March’s 3.0 percent and marks the lowest rate in Utah since December 2007. Approximately 46,000 Utahns were unemployed and actively seeking work during the month. The national unemployment rate lowered two percentage points to 3.6 percent. This is the nation’s lowest unemployment rate since 1969. More...

Utah's Unemployment Insurance Division Receives Governor’s Award for Excellence

Utah's Unemployment Insurance Division was honored for its continual innovation and efficiency by Governor Gary R. Herbert at the annual Governor’s Awards for Excellence ceremony.

The Unemployment Insurance Division is made up of 185 employees who serve 80,000 Utah employers and annually process more than 65,000 unemployment claims. Utah’s unemployment tax and benefits program has been recognized as the best nationally by the U.S. Department of Labor for seven of the last eight years; yet, such recognition has not slowed improvement. More...