Utah's Employment Summary: November 2018



For November 2018, Utah’s employment grew by an estimated 2.9 percent, adding 43,000 jobs to the economy since November 2017. Utah’s current employment level registers 1,542,600. October’s year-over job growth rate was revised upward one-tenth to 3.3 percent.


November’s seasonally adjusted unemployment rate remained unchanged from the prior month at 3.2 percent. Approximately 50,000 Utahns were unemployed during the month and actively seeking work. The national unemployment rate also remained unchanged from last month at 3.7 percent.


“Utah’s job growth continues to exhibit some softening as the year-over growth declines a few tenths of a percentage from prior months,” reported Carrie Mayne, Chief Economist at the Department of Workforce Services. “Work opportunities remain plentiful however, so the slight slowing may be due to the prolonged low unemployment rate as tight labor supply can restrain potential job growth.”


Utah’s private sector employment grew by 3.0 percent year-over with the addition of 37,200 positions. Eight of the 10 private sector industry groups measured in the establishment survey posted net job increases in November, while Natural Resources and Mining lost 100 jobs year-over and the Information industry lost 400.


The largest private sector employment increases were in:

  • Trade, Transportation, and Utilities (14,500 jobs)
  • Education and Health Services (6,400 jobs)
  • Manufacturing (5,600 jobs)


The fastest employment growth occurred in:

  • Trade, Transportation, and Utilities (5.1 percent)
  • Manufacturing (4.3 percent)
  • Other Services (3.8 percent)


Chief Economist Carrie Mayne shares her analysis of the November employment report in this quick video:



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





SALT LAKE CITY (Dec. 21, 2018) — Following the release of the November 2018 employment numbers for the state of Utah, the U.S. Bureau of Labor Statistics (BLS) data shows Utah is ranked No. 4 for total job growth in the U.S. at 2.9 percent, tied with Texas and Washington. In addition, Utah is ranked No. 8 for private sector job growth at 3.0 percent. For unemployment, Utah is ranked No. 13 at 3.2 percent, tied with Kansas.


BLS data shows Utah rankings as follows:


TOTAL JOB GROWTH

(1)  Nevada – 3.5 percent

(2)  Arizona – 3.6

(3)  Wyoming – 3.4

(4)  Utah – 3.2 percent

(4)  Texas – 3.2 percent

(4)  Washington – 3.2 percent


PRIVATE SECTOR JOB GROWTH

(1)  Wyoming – 4.5 percent

(2)  Arizona – 4.1 percent

(3)  Nevada – 4.0 percent

(4)  Oregon – 3.7

(5)  Washington – 3.5

(6)  Texas – 3.4

(7)  Florida – 3.3

(8)  Utah – 3.0 percent


UNEMPLOYMENT RATE

(1)  Hawaii – 2.4 percent

(1)  Iowa – 2.4 percent

(3)  New Hampshire – 2.5 percent

(4)  Idaho – 2.6 percent

(5)  Vermont – 2.7 percent

(6)  Minnesota – 2.8 percent

(6)  Nebraska – 2.8 percent

(6)  North Dakota – 2.8 percent

(6)  Virginia – 2.8 percent

(10)  Missouri – 3.0 percent

(10)  South Dakota – 3.0 percent

(10)  Wisconsin – 3.0 percent

(13)  Utah – 3.2 percent

(13)  Kansas – 3.2 percent


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