The following statistics are presented comparing June 2019 to June 2021.
Utah’s nonfarm payroll employment for June 2021 increased an estimated 3.3% across the past 24 months, with the state’s economy both returning and adding a cumulative 51,300 jobs since June 2019. Utah’s current employment level stands at 1,603,500.
June’s seasonally-adjusted unemployment rate is estimated at 2.7%, with approximately 44,200 Utahns unemployed. Utah’s May unemployment rate is unchanged at 2.7%. The June national unemployment rate increased slightly to 5.9%.
“The summer months have brought a firm awakening to the Utah economy,” reported Mark Knold, Chief Economist at the Department of Workforce Services. “The two-year job growth measure increased from 2.3% in May 2021 to 3.3% in June 2021. A full percentage-point increase in essentially one month speaks to the rapid re-emergence of Utah’s economy, despite rumblings of labor shortages. The amount of job growth in the past month implies that, even with labor scarce, a decent amount of new labor has been found.”
Utah’s June private sector employment recorded a two-year expansion of 4.3%. Six of Utah’s 10 major private-sector industry groups posted net two-year job gains, led by Professional and Business Services (17,900 jobs); Trade, Transportation and Utilities (16,400 jobs); Construction (13,100 jobs); and Manufacturing (8,200 jobs). Four industry groups with less employment than two years ago are Leisure and Hospitality Services (-6,900 jobs); Other Services (-1,800); Natural Resources and Mining (-1,400 jobs); and Information (-800 jobs).
Largest private sector gains in past two years:
Professional and Business Services: 17,900 jobs
Trade, Transportation and Utilities: 16,400 jobs
Construction: 13,100 jobs
Manufacturing: 8,200 jobs
Largest private sector losses during the past two years:
- Utah 2.7%
- New Hampshire 2.9%
- South Dakota 2.9%
- Idaho 3.0%
- Vermont 3.1%
- Alabama 3.3%
- Kansas 3.7%
- Montana 3.7%
- Oklahoma 3.7%
Total Job Growth
- New Jersey 10.1%
- Massachusetts 9.3%
Private Sector Job Growth
- New Jersey 11.7%
- Hawaii 10.8%
Statistics generated by the U.S. Bureau of Labor Statistics, Washington, D.C., modeled from monthly employer (employment) and household (unemployment) surveys.