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Utah's Employment Summary: October 2024
Utah’s nonfarm payroll employment for October 2024 increased an estimated 1.9% across the past 12 months, with the state’s economy adding a cumulative 32,900 jobs since October 2023.
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Utah's Public Sector Employment Rebounds
Utah's economy has experienced an observable trend that has been occurring since early 2023: government job growth has been outpacing that of the private sector. High rates of growth in the public sector – which includes government employees in public administration roles as well as public education and hospitals – have helped keep Utah workers earning and spending as the broader labor market has slowed.
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Understanding Location Quotients: Unveiling Economic Specialization in Utah
Knowing the profile of an area’s economic structure is the first step toward managing and fostering economic and workforce development.
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Workers With Disabilities Help Fuel Utah’s Post-COVID Economy
Given intended economic restrictions through monetary policy undertaken by the United States Federal Reserve (Fed), the resilience of labor markets has been a surprise to many economists throughout 2022 and 2023.
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