Knowing the profile of an area’s economic structure is the first step toward managing and fostering economic and workforce development.

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Utah’s nonfarm payroll employment for November 2024 increased an estimated 1.8% across the past 12 months, with the state’s economy adding a cumulative 30,900 jobs since November 2023.

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Given intended economic restrictions through monetary policy undertaken by the United States Federal Reserve (Fed), the resilience of labor markets has been a surprise to many economists throughout 2022 and 2023.

Utah's economy has experienced an observable trend that has been occurring since early 2023: government job growth has been outpacing that of the private sector. High rates of growth in the public sector – which includes government employees in public administration roles as well as public education and hospitals – have helped keep Utah workers earning and spending as the broader labor market has slowed.

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