Utah's Employment Summary: November 2019



Utah’s nonfarm payroll employment for November 2019 grew by an estimated 3.3%, adding 51,600 jobs to the economy since November 2018. Utah’s current employment level registers 1,595,800. October’s year-over job growth is unrevised at 3.3%.


November’s seasonally-adjusted unemployment rate lowered one-tenth of a percentage point to 2.4%. This matches Utah’s lowest recorded unemployment rate, only seen before in early 2007. Approximately 39,200 Utahns were unemployed and actively seeking work during November. The national unemployment rate dropped one-tenth of a percentage point to 3.5%.


“Utah’s unemployment rate has fallen by four-tenths of a percentage point over the past four months,” reported Mark Knold, Chief Economist at the Department of Workforce Services. “Rapid declines in such a low unemployment environment point to an economy running at full steam. Employment opportunities are plentiful.”


Utah’s private sector employment grew by 3.7% year-over with the addition of 47,500 positions. Once again, all 10 of the private sector major industry groups measured in the establishment survey posted net job increases in November.


The largest private sector employment increases were in:

  • Education and Health Services (12,500 jobs)
  • Construction (9,500 jobs)
  • Professional and Business Services (6,300 jobs)
  • Leisure and Hospitality Services (6,300 jobs)


The fastest employment growth occurred in:

  • Construction (9.1%)
  • Education and Health Services (6.0%)
  • Leisure and Hospitality Services (4.3%)


Listen to Chief Economist Mark Knold as he shares his analysis of the November 2019 employment report:


For more information visit our Labor Market Employment Update web pages.







SALT LAKE CITY (Dec. 20, 2019) — Following the release of the November 2019 employment numbers for the state of Utah, the U.S. Bureau of Labor Statistics (BLS) data shows Utah is ranked No. 1 for total job growth in the U.S. at 3.3%. In addition, Utah is ranked No. 1 for private sector job growth at 3.7%. For unemployment, Utah is ranked No. 2 at 2.4%, tied with South Carolina.


BLS data shows Utah rankings as follows:


TOTAL JOB GROWTH

(1)  Utah – 3.3%

(2)  Texas, Nevada – 2.7%

(3)  Idaho – 2.6%


PRIVATE SECTOR JOB GROWTH

(1)  Utah – 3.7%

(2)  Texas – 3.0%

(3)  Washington – 2.9%


UNEMPLOYMENT RATE

(1)  Vermont – 2.3%

(2)  Utah – 2.4%

(2)  South Carolina – 2.4%

(4)  North Dakota – 2.5%

(5)  Colorado – 2.6%

(5)  Hawaii – 2.6%

(5)  Iowa – 2.6%

(5)  New Hampshire – 2.6%

(5)  Virginia – 2.6%

(10)  Alabama – 2.7%


*Source: http://www.bls.gov/news.release/laus.toc.htm