The Department of Workforce Services data shows that employment for October 2024 increased an estimated 1.9% across the past 12 months, with the state’s economy adding a cumulative 32,900 jobs since October 2023. This brings Utah’s job count to 1,782,800.
October’s state unemployment rate is approximately 3.5%. Approximately 63,800 Utahns are unemployed. The October national unemployment rate was unchanged at 4.1%. Locally, unemployment in Duchesne County came in at 4%. In Daggett County, unemployment decreased slightly from 4.5 to 4.4%. And finally, Uintah County ticked down from 4% to 3.9% unemployment. “The state’s goods-producing industries have helped Utah maintain steady job growth and continue to outperform the nation,” shares DWS Chief Economist Ben Crabb. “To prevent further softening in the national labor market, the Federal Reserve has resumed interest rate cuts, which should have a beneficial effect on both goods and services sectors in Utah. With the unemployment rate holding steady, the state’s labor market continues to exhibit resilience.” The next employment update will be released later this month.
