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Utah's Employment Summary: December 2016


Employment in Utah for December 2016 grew by an estimated 2.8 percent, adding 40,000 jobs to the economy since December 2015. Utah’s current employment level registers 1,447,900.


December’s seasonally adjusted unemployment rate remained unchanged from November at 3.1 percent. Approximately 47,200 Utahns were unemployed in the month and actively seeking work. The national unemployment rate increased one-tenth of a percentage point from November to 4.7 percent.


“Utah closes the year on a positive note with strong job growth and low unemployment,” reported Carrie Mayne, Chief Economist at the Department of Workforce Services. “Once all the data benchmarking has been completed, the state will likely record an annual average job growth rate of more than 3.5 percent for 2016.”


Eight of the 10 private sector industry groups measured in the establishment survey posted net job increases in December as compared to last year, while the Natural Resources and Mining industry decreased by 900 positions and the Information industry decreased by 100 positions.


The largest private sector employment increases were in:

  • Professional and Business Services (10,300 jobs)
  • Education and Health Services (6,600 jobs)
  • Financial Activities (5,200 jobs)


The fastest employment growth occurred in:

  • Financial Activities (6.3 percent)
  • Professional and Business Services (5.3 percent)
  • Construction (4.5 percent)


Listen to Chief Economist Carrie Mayne break down this month's report:



For more information visit our Labor Market Employment Update web pages.



(Jan. 24, 2017) — Following the release of the December 2016 job numbers for the State of Utah, the U.S. Bureau of Labor Statistics (BLS) data shows Utah is ranked 5th for total job growth in the U.S. at 2.8 percent. Utah is again tied for No. 1 along with Florida for private sector job growth at 3.3 percent.


BLS data shows Utah rankings as follows:


TOTAL JOB GROWTH

(1) Florida – 3.0 percent

(1) Oregon – 3.0 percent

(3) Nevada – 2.9 percent

(3) Washington – 2.9 percent

(5) Utah – 2.8 percent


PRIVATE SECTOR JOB GROWTH

(1) Florida – 3.3 percent

(1) Utah – 3.3 percent

(3) Oregon – 3.2 percent

(4) Nevada – 3.1 percent

(5) Washington – 2.9 percent


UNEMPLOYMENT RATE

(1) New Hampshire – 2.6 percent

(2) Massachusetts – 2.8 percent

(2) South Dakota – 2.8 percent

(4) Hawaii – 2.9 percent

(5) Colorado – 3.0 percent

(5) North Dakota – 3.0 percent

(7) Utah – 3.1 percent

(7) Vermont – 3.1 percent




*Source: http://www.bls.gov/news.release/laus.toc.htm