Overall unemployment rate moved down to 1.7% with the biggest shift in Government, which lost 2,500 roles, based on the most recently available information published in August 2022.
Total employment in the Logan, UT-ID market declined by 1,417 jobs in July and the unemployment rate decreased compared to the prior month by 50 bps to 1.7%. The national unemployment rate decreased by 5 bps over the same time to 3.8%.
- Logan, UT-ID unemployment rate is 208 bps below the national rate which is a positive sign.
- Unemployment in the market is 20 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in July versus prior month by 16.4% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -2.8%. Key sectors include:
- Manufacturing: 15,200; +100
- Government: 12,400; -2,500
- Transportation & Utilities: 11,300; +200
- Business Services: 8,300; +100
- Education & Healthcare: 8,000; +100
- Restaurants & Hotels: 5,500; no change
- 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 July 2022 (Data published August 2022 and reports created on September 2, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.