Utah’s November two-year job growth of 3.6% is the highest in the nation and one of only four states showing positive job change. Utah’s unemployment rate drops to all-time-low. Utah’s November unemployment rate of 2.1% is the lowest ever recorded and ranks second in the nation. Job change is uneven across industries.
Which state has the fastest job growth?
Here are the 10 states with the largest change in jobs:
- Washington (1.03%)
- Idaho (1.03%)
- Florida (1.03%)
- Texas (1.03%)
- Arizona (1.03%)
- New Mexico (1.02%)
- South Dakota (1.02%)
- Alabama (1.02%)
Does Utah have a good job market?
Despite the collective labor struggle currently at play throughout the nation, according to Wallethub.com, Salt Lake City ranks as one of the best locations in 2022 for jobs and job seekers in the United States.
How is the job market in Utah?
Utah’s current job count stands at 1,662,300. May’s seasonally-adjusted unemployment rate is estimated at 2.0%, with approximately 34,100 Utahns unemployed. April’s unemployment rate remains unrevised at 1.9%. The May national unemployment rate held steady at 3.6%.
What was the job growth for Utah?
“Job growth across the past year is quite strong at 4.0%. In response, the unemployment rate took another historical notch downward to 2.0%. All industry sectors save one have added new jobs over the past year. The lone exception is the professional and business services sector.
What is the hardest state to get a job?
Wrapping Up
| Rank | State | Recent Job Growth |
|---|---|---|
| 1 | Kentucky | -1.49% |
| 2 | Alabama | 0.04% |
| 3 | West Virginia | -0.72% |
| 4 | Louisiana | 0.32% |
What states are booming right now?
Fastest-Growing States in the U.S.
- Idaho. Idaho had a population growth of 2.12%, growing from 1,789,060 to 1,826,913.
- Arizona. Arizona is the second-fastest growing state with a percent growth of 1.78%.
- Nevada. Nevada is the third-fastest growing state in the United States.
- Utah.
- Texas.
- South Carolina.
- Florida.
- Washington.
What is the average salary in Utah?
As of Jul 31, 2022, the average annual pay for the Average jobs category in Utah is $57,462 a year. Just in case you need a simple salary calculator, that works out to be approximately $27.63 an hour. This is the equivalent of $1,105/week or $4,789/month.
What is the job market like in Salt Lake City?
Salt Lake City has seen a commendable growth in job opportunities over the past few years and has an unemployment rate that’s noticeably lower than the national average. The region is currently experiencing an economic boom, as numerous companies like Adobe Systems, 3M Health Information Systems and Microsoft move in.
What are the main industries in Salt Lake City?
The largest industries in Salt Lake City, UT are Educational Services (15,375 people), Health Care & Social Assistance (14,127 people), and Retail Trade (10,702 people), and the highest paying industries are Mining, Quarrying, & Oil & Gas Extraction ($84,881), Agriculture, Forestry, Fishing & Hunting, & Mining ($65,893
What is the unemployment rate in Salt Lake City Utah?
Salt Lake City, UT
| Data Series | Jan 2022 | Mar 2022 |
|---|---|---|
| Unemployment Rate(2) | 2.4 | 2.1 |
| Nonfarm Wage and Salary Employment | ||
| Total Nonfarm(3) | 772.7 | 782.4 |
| 12-month % change | 3.2 | 3.6 |
What is the job market?
The job market is the market in which employers search for employees and employees search for jobs. The job market is not a physical place as much as a concept demonstrating the competition and interplay between different labor forces. It is also known as the labor market.
Why is Utah growing so fast?
In the 2020 Census, Utah was found to be one of the fastest-growing states in the country. The state saw a massive population boom of 17.6% between 2010 and 2020, growing by over half a million. In 2020 alone, 25,256 people moved to Utah. Our economy and education are among the reasons why Utah is growing.
What is Utah’s biggest industry?
Utah’s Top Industries
- Aerospace and Defense- The U.S. Commercial Service is committed to helping your company reach new heights with their up to date market research in a rapidly changing market.
- Health Technology-
- IT-
- Sporting Goods-
- Natural Products-
- Renewable Resources-
- Travel and Tourism-
What is Utah’s main industry?
Major industries of Utah include: coal mining, cattle ranching, salt production, and government services.
What state is it easiest to get a job?
These are the 10 best states for finding a job:
- Nevada. Unemployment rate: 3.9%
- Minnesota. Unemployment rate: 3.2%
- Nebraska. Unemployment rate: 3.0%
- Iowa. Unemployment rate: 2.7%
- New Hampshire. Unemployment rate: 2.5%
- Virginia. Unemployment rate: 2.8%
- Idaho. Unemployment rate: 2.9%
- Massachusetts. Unemployment rate: 2.9%
What state has the best work ethic?
“Alaska is the most hardworking state mostly because its residents work an average 42 hours a week, the most in the country,” Jill Gonzalez, an analyst at WalletHub told Yahoo Finance.
What’s the best state to live in for jobs?
The Best States to Change Your Career
| State | Overall Rank | Job Growth Rank |
|---|---|---|
| Georgia | 1 | 15 |
| New Hampshire | 2 | 12 |
| Utah | 3 | 10 |
| Vermont | 4 | 2 |
Which state has the best future?
Best States To Live in 2022
| State | Total | Economy |
|---|---|---|
| Washington | 1 | 4 |
| Minnesota | 2 | 15 |
| Utah | 3 | 1 |
| New Hampshire | 4 | 11 |
What are the top 5 fastest growing cities in the US?
- 2021 Total Population. Georgetown city. Texas. 10.5. 75,420. Leander city. Texas. 10.1. 67,124. Queen Creek town.
- 2021 Total Population. San Antonio city. Texas. 13,626. 1,451,853. Phoenix city. Arizona. 13,224. 1,624,569.
- 2019 Total Population. New York city. New York. 8,467,513. Los Angeles city. California. 3,849,297. Chicago city. Illinois.
What is fastest growing city in US?
1. Frisco, Texas. Frisco is in Collin County, Texas, about 30 miles north of Dallas. Much of Frisco’s growth has been attributed to suburban development and commuters working in Dallas-Fort Worth.