Utah's Employment Summary: March 2018



Employment in Utah for March 2018 grew by an estimated 3.3 percent, adding 48,000 jobs to the economy since March 2017. Utah’s current employment level registers 1,501,800. No revisions were made to February’s year-over job growth rate.


March’s seasonally adjusted unemployment rate remained unchanged from the prior month at 3.1 percent. Approximately 48,500 Utahns were unemployed during the month and actively seeking work. The national unemployment rate remained unchanged from February at 4.1 percent.


“The addition of 48,000 jobs to our workforce shows the strength and staying power of Utah’s economy,” reported Carrie Mayne, Chief Economist at the Department of Workforce Services. “Holding our unemployment count under 50,000 is evidence of the alignment between our employers’ needs and the skills of our workforce.”


Utah’s private sector employment grew by 3.7 percent year-over with the addition of 44,100 positions. Eight of the 10 private sector industry groups measured in the establishment survey posted net job increases in March, while Natural Resources and Mining lost 100 jobs and Other Services lost 200 jobs.


The largest private sector employment increases were in:

  • Trade, Transportation, and Utilities (11,400 jobs)
  • Leisure and Hospitality (7,200 jobs)
  • Education and Health Services (7,000 jobs)
  • Professional and Business Services (7,000 jobs)


The fastest employment growth occurred in:

  • Construction (5.0 percent)
  • Leisure and Hospitality (5.0 percent)
  • Trade, Transportation, and Utilities (4.2 percent)


Chief Economist Carrie Mayne breaks down March’s employment report in this quick video:



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





Following the release of the March 2018 employment numbers for the state of Utah, the U.S. Bureau of Labor Statistics (BLS) data shows Utah is ranked No. 1 for total job growth in the U.S. at 3.3 percent. In addition, Utah is ranked No. 1 for private sector job growth at 3.7 percent, tied with Oregon. For unemployment, Utah is ranked No. 11 at 3.1 percent.


BLS data shows Utah rankings as follows:


TOTAL JOB GROWTH

(1)  Utah – 3.3 percent

(2)  Idaho – 3.1 percent

(3)  Washington – 2.9 percent


PRIVATE SECTOR JOB GROWTH

(1)  Utah – 3.7 percent

(1)  Oregon – 3.7 percent

(3)  Idaho – 3.1 percent

(3)  Washington – 3.1 percent


UNEMPLOYMENT RATE

(1)  Hawaii – 2.1 percent

(2)  New Hampshire – 2.6 percent

(2)  North Dakota – 2.6 percent

(4)  Maine – 2.7 percent

(5)  Iowa – 2.8 percent

(5)  Nebraska – 2.8 percent

(5)  Vermont – 2.8 percent

(8)  Idaho – 2.9 percent

(8)  Wisconsin – 2.9 percent

(10)  Colorado – 3.0 percent

(11)  Utah – 3.1 percent


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