Overall unemployment rate moved up to 1.9% with the biggest shift in Transportation & Utilities, which gained 200 roles, based on the most recently available information published in September 2022.
Total employment in the Logan, UT-ID market rose by 184 jobs in August and the unemployment rate increased compared to the prior month by 20 bps to 1.9%. The national unemployment rate stayed flat over the same time period at 3.8%.
- Logan, UT-ID unemployment rate is 189 bps below the national rate which is a positive sign.
- Unemployment in the market is 40 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in August versus prior month by 17.4% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Manufacturing: 15,200; no change
- Government: 12,500; +100
- Transportation & Utilities: 11,500; +200
- Business Services: 8,300; -100
- Education & Healthcare: 8,000; no change
- Restaurants & Hotels: 5,600; +100
- Construction, Mining: 4,000; no change
- Financial Services: 1,900; no change
- Other Jobs: 1,200; no change
- IT & Development: 500; no change
Data is based on the most recent 12 months available, through August 2022 (Data published September 2022 and reports created on September 28, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.