Utah’s unemployment rate is among the lowest and most stable in the nation. It ticks up or down slightly from month to month and in October, it ticked back down one-tenth of a percentage point to 3.3 percent.
The national unemployment rate also dropped one-tenth of a percentage point from September to October and now sits at 4.1 percent.
Utah’s nonfarm payroll employment for October grew by an estimated 2.7 percent, adding 39,400 jobs to the economy since October 2016. Utah’s current employment level sits at 1,492,600. September’s year-over job growth has also been revised from 2.4 percent to 2.7 percent.