Utah’s Employment Summary: September 2021


The following statistics are presented comparing September 2019 to September 2021.


Utah’s nonfarm payroll employment for September 2021 increased an estimated 3.4% across the past 24 months, with the state’s economy adding a cumulative 53,600 jobs since September 2019. Utah’s current employment level stands at 1,625,200.

 

September’s seasonally-adjusted unemployment rate is estimated at 2.4%, with approximately 40,100 Utahns unemployed. Utah’s August unemployment rate was lowered to 2.5%. The September national unemployment rate continued to decline, registering 4.8%. More...




Utah’s Economic Performance During The Pandemic Recession


By Lecia Parks Langston, Senior Economist

“The One with COVID-19”

If the recent economic downturn were an episode of Friends, it would be titled “The One with COVID-19.” The pandemic recession was unprecedented in modern history. The economic deterioration proved sudden, extreme and profound. More importantly, this downturn was not created by the variations of the business cycle, but resulted from public health directives aimed at curbing the spread of illness and death. Whether you call it a virus-cession or a pandemic recession, this economic downturn evidenced a unique pattern. More...