Utah Adds 25,200 Jobs as Unemployment Holds at 3.5%
Updated
Updated · KSL.com · Oct 16
Utah Adds 25,200 Jobs as Unemployment Holds at 3.5%
3 articles · Updated · KSL.com · Oct 16
Summary
Utah added 25,200 jobs over the past 12 months, lifting nonfarm payrolls 1.4% to 1,801,100 while keeping its September unemployment rate unchanged at 3.5%.
Education and health services drove the gains with 8,900 new jobs, followed by professional and business services with 5,900 and construction with 5,000.
The state still showed pockets of weakness: information lost 1,700 jobs year over year, and natural resources and mining were flat as some projects wrapped up and demand shifted.
Utah's 3.5% jobless rate remained well below the national 4.2%, though officials said job seekers still need about 20 weeks on average to find work.
State economists said the steady pattern of recent reports points to a stable labor market, with prime-age worker participation helping support longer-term growth.