Utah's Employment Summary: May 2024


SALT LAKE CITY (June 21, 2024) — Utah’s nonfarm payroll employment for May 2024 increased an estimated 2.2% across the past 12 months, with the state’s economy adding a cumulative 38,100 jobs since May 2023. Utah’s current job count stands at 1,759,600.

May’s seasonally adjusted unemployment rate is estimated at 2.9%. Approximately 51,900 Utahns are unemployed. Utah’s April unemployment rate is unrevised at 2.8%. The May national unemployment rate increased one-tenth of a percentage point to 4.0%. More...



Military Appreciation Month

As Military Appreciation Month comes to a close, we express our gratitude to all Veterans, military members and spouses for their service to our country. We honor their sacrifices and appreciate their dedication to protecting our freedom. We want to recognize our employees who are also Veterans. They bring great perspective, dedication and experience to our team. Find out more about some of our Veteran employees below.

Erik Oswald

Erik Oswald, an Army veteran, works in our St. George office and shared: “My military service taught me self confidence, discipline, resilience, the power of teamwork, how to manage stress and that I can do hard things. Never miss an opportunity to say I love you or make that phone call. Seeing the hardship and life in other countries has made me truly appreciate things and the love I have for this country.” Thank you for your service, Erik!