Utah’s employment summary for September 2018
By Bethany Hyatt
Utah’s nonfarm payroll employment for September 2018 grew by an estimated 3.6 percent, adding 53,200 jobs to the economy since September 2017. Utah’s current employment level registers 1,535,900. August’s year-over job growth rate was revised upward two-tenths to 3.9 percent.
September’s seasonally adjusted unemployment rate rose one-tenth of a percentage point from the prior month to 3.2 percent. Approximately 50,400 Utahns were unemployed during the month and actively seeking work. The national unemployment rate dropped two-tenths from the prior month to 3.7 percent.
“The latest job market statistics indicate that our state continues to ride the momentum of healthy expansion,” reported Carrie Mayne, chief economist at the Department of Workforce Services. “Job seekers continue to find employment opportunities, despite a slight softening in the labor force measures.”
Utah’s private sector employment grew by 3.8 percent year-over with the addition of 47,000 positions. Nine of the 10 private sector industry groups measured in the establishment survey posted net job increases in September, while Natural Resources and Mining lost 100 jobs year-over. The largest private sector employment increases were in Trade, Transportation, and Utilities (12,800 jobs); Education and Health Services (8,300 jobs); and Professional and Business Services (7,900 jobs). The fastest employment growth occurred in Trade, Transportation, and Utilities (4.6 percent); Financial Activities (4.4 percent); and Manufacturing (4.2 percent).
Additional analysis and tables can be found at jobs.utah.gov/wi/update/index.html. County unemployment rates for September will be posted on or shortly after Oct. 22 at jobs.utah.gov/wi/update/une/season.pdf. October employment information will be released at 7 a.m. Nov. 16.
Statistics generated by the U.S. Bureau of Labor Statistics, Washington, D.C., modeled from monthly employer (employment) and household (unemployment) surveys.
