Utah’s nonfarm payroll employment for March 2021 increased an estimated 0.9% during the past 12 months, with the state’s economy adding 13,800 jobs since March 2020. Utah’s current employment level stands at 1,566,900. Utah’s February year-over job change has been revised from 0.0% to 0.1%.
March’s seasonally-adjusted unemployment rate is estimated at 2.9%, with approximately 46,600 Utahns unemployed. Utah’s February’s unemployment rate is unchanged at 3.0%. The March national unemployment rate has lowered to 6.0%. More...
Mark Knold, Chief Economist
Lyndsey Stram, Regional Economist
Michael Jeanfreau, Regional Economist
Historically, when seismic events hit, rapid and often lasting changes emerge. COVID-19 is such an event. Time will reveal the full extent of pandemic-induced changes, but one that is already evident is the shift in the work environment. To name it directly—telework. For those where it is possible, the pandemic has shifted people’s work environment from their offices to their homes. Work is still being done, it has just undergone a locational shift. More...
The State of Utah is celebrating the impact of the Community Development Block Grant Program and HOME Investment Partnerships Program this week for National Community Development Week.
Since 2016, The Community Development Block Grant (CDBG) Program has provided grants for 194 projects to support the needs of low and moderate income individuals like the Tooele County Children’s Justice Center.
The HOME Investment Partnerships Program provides formula grants – often in partnership with local nonprofit groups – to fund affordable housing development and to provide direct rental assistance to low-income people. From 2016 - 2020, the State of Utah has completed 38 multifamily projects, adding 3,767 total housing units, and 53 single-family projects.
Download this fact sheet to learn more: HCD Community Dev Week Fact Sheet-2 (2).pdf (643.7KB)