Methodological Changes Don’t Affect the Overall Trends
By: Lecia Parks Langston, Senior Economist
“My interest is in the future because I am going to spend the rest of my life there.”
What’s the most frequently accessed information on the U.S. Bureau of Labor Statistics (BLS) website? Occupational outlook data. Why is the public so interested in these figures? Occupational outlook or projections data is used by individuals and counselors in career and employment planning. This information can also help education leadership plan new training and instructional programs. In addition, economic development personnel use it to understand the strengths of their local economy and planners use it to strategize for the future.
The Utah Department of Workforce Services projects occupational (and industry) employment every two years following the publication of BLS data. These Utah projections fill the same career, educational and economic planning needs at the local level. Our most recent projections are now available for state and substate areas. More...
Utah’s nonfarm payroll employment for September 2018 grew by an estimated 3.6 percent, adding 53,200 jobs to the economy since September 2017. Utah’s current employment level registers 1,535,900. August’s year-over job growth rate was revised upward two-tenths to 3.9 percent.
September’s seasonally adjusted unemployment rate rose one-tenth of a percentage point from the prior month to 3.2 percent. Approximately 50,400 Utahns were unemployed during the month and actively seeking work. The national unemployment rate dropped two-tenths from the prior month to 3.7 percent. More...