By Ben Crabb, Regional Economist

Every summer, the ranks of the Utah workforce swell with teenage workers taking up summer jobs. This year, teenage labor is especially valued by employers trying to fill open positions in the midst of historically low unemployment rates and strong job growth. In fact, teens have seen their wages rise faster than any other age cohort, making this a great time for Utah’s youngest workers to find gainful employment.  More...

SALT LAKE CITY (Sept. 15, 2023) — Utah’s nonfarm payroll employment for August 2023 increased an estimated 2.5% across the past 12 months, with the state’s economy adding a cumulative 41,400 jobs since August 2022. Utah’s current job count stands at 1,725,100.

August’s seasonally adjusted unemployment rate is estimated at 2.5%, a one-tenth of one percentage-point increase. Approximately 45,800 Utahns are unemployed. Utah’s July unemployment rate is unrevised at 2.4%. The August national unemployment rate moved up three-tenths of a percentage point to 3.8%. More...