SALT LAKE CITY (August 16, 2024) — Utah’s nonfarm payroll employment for July 2024 increased an estimated 2.8% across the past 12 months, with the state’s economy adding a cumulative 48,500 jobs since July 2023. Utah’s current job count stands at 1,754,600.

July’s seasonally adjusted unemployment rate is estimated at 3.2%. Approximately 57,000 Utahns are unemployed. Utah’s June unemployment rate is unrevised at 3.0%. The July national unemployment rate increased two-tenths of a percentage point to 4.3%. More...

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...