While the nation’s unemployment rate ticked down one-tenth of a percentage point in August, Utah’s jobless number climbed from July’s rate by the same amount to 3.3 percent. The rate means approximately 59,700 Utahns are unemployed.
Meanwhile, Utah’s nonfarm payroll employment for August increased an estimated 2.3 percent across the past 12 months, with the state’s economy adding a cumulative 40,300 jobs since August 2023. Utah’s current job count stands at 1,760,800.
“The labor market in Utah continues to expand at a healthy rate, even as the unemployment rate has ticked Please log in to see the rest of this story.