How Education Plays a Role in Utah’s Labor Shortage


By Michael Jeanfreau, Regional Economist

A TIGHT LABOR MARKET

Preceding the pandemic, Utah’s unemployment rate was 2.5%, with 41,000 unemployed persons across the state. Now, it’s back to a low unemployment rate of 2.7% in May 2021 with 45,000 unemployed persons.¹ Even though both the unemployment rate and number of unemployed people are similar to pre-pandemic conditions, the average educational level of unemployed people today will be, on average, lower than the educational level of unemployed people before the pandemic. More...


Utah's Employment Summary: June 2021



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

Utah’s nonfarm payroll employment for June 2021 increased an estimated 3.3% across the past 24 months, with the state’s economy both returning and adding a cumulative 51,300 jobs since June 2019. Utah’s current employment level stands at 1,603,500. More...




Utah's Hot Jobs: Summer 2021


By Lyndsey Stram, Regional Economist

As the State of Utah continues to recover from the COVID-19 pandemic, a familiar problem has reemerged: worker shortages. An aggressive hiring push is happening in many industries statewide, while some workers remain tentative about returning to the job market. On the bright side for job seekers, many companies are offering perks like remote work, sign-on bonuses and increasing wages in order to entice workers. More...