Utah’s nonfarm payroll employment for July 2020 contracted by an estimated 1.8%, with 27,500 jobs sidelined compared to the July 2019 employment. Utah’s current employment level registers 1,516,800. Utah’s June year-over job change has been revised up two-tenths of a percentage point to -2.6%.
July’s seasonally-adjusted unemployment rate is estimated at 4.5%. Approximately 72,900 Utahns were unemployed during July. Utah’s June unemployment rate has been revised upward two-tenths of a percentage point to 5.3%. The national unemployment rate for July lowered to 10.2%.
“July’s employment assessment is a third consecutive month of Utah employment improvement,” reported Mark Knold, Chief Economist at the Department of Workforce Services. “While the pace of job gains moderated a bit compared to the prior two months, the Utah economy is rebounding with vigor.”
Utah’s private sector employment in July continued its path toward improvement, with the year-over setback lessening to -2.3%.
Four of 10 private-sector major industry groups measured in the establishment survey posted net job gains in July, up from three in June. Primary gains are observed in:
- Construction (7,900 jobs)
- Trade, Transportation and Utilities (3,900 jobs)
- Financial Activities (3,000 jobs)
Six industry groups posted employment declines. These were most impactful in:
- Leisure and Hospitality Services (-30,000 jobs)
- Education and Healthcare (-6,800)
- Professional and Business Services (-6,200 jobs)
Listen to Chief Economist Mark Knold break down the July 2020 employment report:
For more information visit our Labor Market Employment Update web pages.
SALT LAKE CITY (Aug. 21, 2020) — Following the release of the July 2020 employment numbers for the state of Utah, the U.S. Bureau of Labor Statistics (BLS) data shows Utah is ranked No. 2 for total job growth in the U.S. at -1.8%. In addition, Utah is ranked No. 2 for private sector job growth at -2.3%. For unemployment, Utah is ranked No. 1 at 4.5%.
BLS data shows Utah rankings as follows:
TOTAL JOB GROWTH
(1) Idaho: -0.7%
(2) Utah: -1.8%
(3) Arizona: -3.6%
(3) Mississippi: -3.6%
PRIVATE SECTOR JOB GROWTH
(1) Idaho: -1.0%
(2) Utah: -2.3%
(3) Nebraska: -3.6%
(1) Utah: 4.5%
(2) Nebraska: 4.8%
(3) Idaho: 5.0%
(4) Kentucky: 5.7%
(5) South Dakota: 6.3%
(6) Montana: 6.4%
(7) Iowa: 6.6%
(7) North Dakota: 6.6%
(9) Missouri: 6.9%
(10) Wisconsin: 7.0%