Marilyn Cannon, Regional Economist

Utah is consistently recognized as having one of the strongest economies in the nation. One of the state’s strengths is its highly diverse industrial base. Economies that have a diversified mix of industries tend to enjoy higher employment growth, greater economic stability, and increased resilience. This article explores why economic diversification matters, its relationship with employment and resilience, and how it differs between urban and rural areas in the state. More...

SALT LAKE CITY (July 18, 2025) — Utah’s nonfarm payroll employment for June 2025 increased an estimated 2.3% across the past 12 months, with the state’s economy adding a cumulative 39,700 jobs since June 2024. Utah’s current job count stands at 1,779,300. 

June’s seasonally adjusted unemployment rate is estimated at 3.2%. Approximately 59,461 Utahns are unemployed. Utah’s May unemployment rate is unrevised at 3.2%. The June national unemployment rate is down a tenth of a percentage point at 4.1%. More...

SALT LAKE CITY (June 20, 2025) — Utah’s nonfarm payroll employment for May 2025 increased an estimated 2.5% across the past 12 months, with the state’s economy adding a cumulative 42,900 jobs since May 2024. Utah’s current job count stands at 1,786,000. 

April’s seasonally adjusted unemployment rate is estimated at 3.2%. Approximately 58,220 Utahns are unemployed. Utah’s April unemployment rate is unrevised at 3.1%. The May national unemployment rate is unchanged at 4.2%. More...