Utah's Employment Summary: September 2020



Utah’s nonfarm payroll employment for September 2020 has contracted by an estimated 0.9% across the past 12 months, with 14,800 fewer jobs. Utah’s current employment level stands at 1,559,600. Utah’s August year-over job change has not been revised and remains at -1.6%.


September’s seasonally-adjusted unemployment rate is estimated at 5.0%, with approximately 82,800 Utahns unemployed. Utah’s August unemployment rate is unchanged at 4.1%. The national unemployment rate for September lowered from August’s 8.4% to 7.9%. More...





Utah's Employment Summary: August 2020



Utah’s nonfarm payroll employment for August 2020 has contracted by an estimated 1.6% across the past 12 months, with 25,300 fewer jobs. Utah’s current employment level stands at 1,534,000. Utah’s July year-over job change has been revised up from -1.8% to -1.6%.


August’s seasonally-adjusted unemployment rate is estimated at 4.1%, with approximately 66,100 Utahns unemployed. Utah’s July unemployment rate is unchanged at 4.5%. The national unemployment rate for August lowered from July’s 10.2% to 8.4%. More...





COVID-19 and Downtown Salt Lake City Employment



By Lyndsey Stram, regional economist, and Mark Knold, chief economist


Salt Lake City’s downtown is home to Utah’s largest employment center. It employs workers not just from Salt Lake City but from a broad reach up and down the Wasatch Front. The downtown’s economic vitality draws workers to its high rises and government centers. In turn, these workers impart their consumer vibrancy by supporting and sustaining a myriad of business and industries within and surrounding the downtown’s business heart.


As the COVID-19 pandemic has negatively impacted the global economy, downtown districts in cities across the U.S. have been disproportionately depressed, including Salt Lake City’s. While in normal times downtowns regularly thrive with worker influx, COVID-19-induced worker dispersion has disproportionally emptied out business centers. These have a negative secondary and tertiary diffusion upon restaurants and shops that magnifies the situation. Because the extent of this impact is unknown, it’s helpful to have an idea of what the employment picture looked like before the pandemic and therefore from whence it may have fallen. More...