SALT LAKE CITY (July 19, 2024) — Utah’s nonfarm payroll employment for June 2024 increased an estimated 2.4% across the past 12 months, with the state’s economy adding a cumulative 41,400 jobs since June 2023. Utah’s current job count stands at 1,766,500.

June’s seasonally adjusted unemployment rate is estimated at 3.0%. Approximately 54,300 Utahns are unemployed. Utah’s May unemployment rate is unrevised at 2.9%. The June national unemployment rate increased one-tenth of a percentage point to 4.1%. More...

By Michael Jeanfreau,  Senior Economist

In today’s data-driven world, understanding local economic conditions is crucial. However, a significant challenge in workforce data analysis is the occasional lack of detail to address specific questions. Broad trends and patterns can be observed across large regions or groups, but zooming in on smaller areas or particular demographic segments remains difficult. For instance, while general employment trends in a state may be apparent, discerning the nuances of what happens in a small town or among a specific group of workers can be challenging. This gap in detail hampers the ability to tailor solutions or policies that meet the unique needs of these smaller or specific groups. More...

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...