Utah’s nonfarm payroll employment for October 2019 grew by an estimated 3.3 percent, adding 51,200 jobs to the economy since October 2018.
Utah’s current employment level registers 1,593,200, which leaves an unemployment rate of some 2.5 percent across the state. Meanwhile, the national unemployment rate rose one-tenth of a percentage point to 3.6 percent.
Sevier County’s unemployment rate saw a drop, going from 3.6 percent in October 2018 to 2.7 percent in 2019.
Piute, Wayne and Garfield counties have the highest unemployment rates in the state, according to the Utah Division of Workforce Services.
However, Piute’s unemployment rate continues to drop, having been 5.4 percent at the same point last year and now being at 4.5 percent. Wayne’s was at 5.6 percent in October 2018 and fell to 4.8 percent. Garfield has seen an even larger drop in unemployment, going from 7.4 percent to 4.8.
“Utah is moving into the latter months of 2019 on a strong economic footing,” said Mark Knold, chief economist at the Utah DWS. “The strength of the Utah economy is in the private sector where we’ve seen a healthy and diverse job market over the last five years.”
Utah’s private sector employment grew by 3.7 percent year-over with the addition of 47,400 positions. All 10 of the private sector major industry groups measured in the establishment survey posted net job increases in October. The largest private sector employment increases were in professional and business services (11,000 jobs); and construction (6,900 jobs), which was also the fastest employment growth sector with 6.4 percent.