SALT LAKE CITY (Oct. 20, 2023) — Utah’s nonfarm payroll employment for September 2023 increased an estimated 2.1% across the past 12 months, with the state’s economy adding a cumulative 35,200 jobs since September 2022. Utah’s current job count stands at 1,730,100.
September’s seasonally adjusted unemployment rate is estimated at 2.6%, a one-tenth of one percentage-point increase over August. Approximately 47,500 Utahns are unemployed. Utah’s August unemployment rate is unrevised at 2.5%. The September national unemployment rate is unchanged at 3.8%. More...
By Ben Crabb, Regional Economist
Every summer, the ranks of the Utah workforce swell with teenage workers taking up summer jobs. This year, teenage labor is especially valued by employers trying to fill open positions in the midst of historically low unemployment rates and strong job growth. In fact, teens have seen their wages rise faster than any other age cohort, making this a great time for Utah’s youngest workers to find gainful employment. More...