Utah’s nonfarm payroll employment for September 2020 has contracted by an estimated 0.9% across the past 12 months, with 14,800 fewer jobs. Utah’s current employment level stands at 1,559,600. Utah’s August year-over job change has not been revised and remains at -1.6%.
September’s seasonally-adjusted unemployment rate is estimated at 5.0%, with approximately 82,800 Utahns unemployed. Utah’s August unemployment rate is unchanged at 4.1%. The national unemployment rate for September lowered from August’s 8.4% to 7.9%.
“Despite what the unemployment rate uptick may construe, Utah’s economic rebound continues,” reported Mark Knold, Chief Economist at the Department of Workforce Services. “Jobs continue working their way back across nearly all industry sectors; some faster than others. The unemployment rate rise, in part, reflects both people expiring their unemployment benefits and becoming aggressive in searching for a job. This increased job-search activity is reflected in the labor force participation rate, as it increased by more than a full percentage point over last month. More people are finding work and more people are looking for work.”
Utah’s September private sector employment recorded a year-over decline of -1.3%, an improvement above August’s revised -1.8% deficit.
Four of 10 private-sector major industry groups posted net year-over job gains in September. These are observed in:
- Construction (7,500 jobs)
- Trade, Transportation and Utilities (6,900 jobs)
- Other Services (3,300 jobs)
- Financial Activities (2,900 jobs)
Six industry groups continue with year-over employment declines. These were most impactful in:
- Leisure and Hospitality Services (-24,300 jobs)
- Education and Health Services (-5,200)
- Professional and Business Services (-4,500 jobs)
Listen to Chief Economist Mark Knold break down the September 2020 employment report:
For more information visit our Labor Market Employment Update web pages.
SALT LAKE CITY (Oct. 20, 2020) — Following the release of the September 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 -0.9%. In addition, Utah is ranked No. 2 for private sector job growth at -1.3%. For unemployment, Utah is ranked No. 7 at 5.0%.
BLS data shows Utah rankings as follows:
TOTAL JOB GROWTH
(1) Idaho: -0.5%
(2) Utah: -0.9%
(3) Mississippi: -2.5%
PRIVATE SECTOR JOB GROWTH
(1) Idaho: -0.2%
(2) Utah: -1.3%
(3) Mississippi: -2.4%
(1) Nebraska: 3.5%
(2) South Dakota: 4.1%
(3) Vermont: 4.2%
(4) North Dakota: 4.4%
(5) Iowa: 4.7%
(6) Missouri: 4.9%
(7) Utah: 5.0%
(8) South Carolina: 5.1%
(9) Montana: 5.3%
(9) Oklahoma: 5.3%