Overall unemployment rate moved down to 1.1% with the biggest shift in Government, which gained 300 roles, based on the most recently available information published in December 2021.
Total employment in the Logan, UT-ID market rose by 1,113 jobs in October and the unemployment rate decreased compared to the prior month by 10 bps to 1.1%. The national unemployment rate decreased by 30 bps over the same time to 4.3%.
- Logan, UT-ID unemployment rate is 316 bps below the national rate which is a positive sign.
- Unemployment in the market is 110 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in October versus prior month by 3.7% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.1% . Key sectors include:
- Government: 15,700; +300
- Manufacturing: 14,500; +100
- Transportation & Utilities: 10,700; -100
- Business Services: 9,400; +200
- Education & Healthcare: 7,800; +100
- Restaurants & Hotels: 5,400; +200
- Construction, Mining: 3,500; no change
- Financial Services: 1,800; no change
- Other Jobs: 1,100; no change
- IT & Development: 500; no change
Data is based on the most recent 12 months available, through October 2021 (Data published December 2021 and reports created on December 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.