Utah’s employment for June 2017 grew by an estimated 3.4 percent, adding 49,200 jobs to the economy since June 2016. Utah’s current employment level registers 1,477,700.
June’s seasonally adjusted unemployment rate rose two-tenths of a percentage point to 3.4 percent. Approximately 53,400 Utahns were unemployed during the month and actively seeking work. The national unemployment rate increased one-tenth of a percentage point from May to 4.4 percent.
“Utah’s economy remains on solid footing, with nearly 50,000 new jobs added,” reported Carrie Mayne, Chief Economist at the Department of Workforce Services. “While the unemployment rate showed a slight uptick, the expansionary trend in jobs means today’s job seeker will likely become tomorrow’s job holder.”
Eight of the 10 private sector industry groups measured in the establishment survey posted net job increases in June as compared to last year, while the Natural Resources and Mining industry decreased by 500 positions and the Information industry lost 400 positions.
The largest private sector employment increases were in:
- Professional and Business Services (10,700 jobs)
- Trade, Transportation, and Utilities (10,000 jobs)
- Construction (7,400 jobs)
The fastest employment growth occurred in:
- Construction (7.9 percent)
- Professional and Business Services (5.3 percent)
- Other Services (4.0 percent)
Chief Economist, Carrie Mayne, breaks down the numbers in this quick video:
For more information visit our Labor Market Employment Update web pages.