Overall unemployment rate moved up to 1.9% with the biggest shift in Construction, Mining, which gained 1,100 roles, based on the most recently available information published in December 2022.

Total employment in the Provo-Orem, UT market rose by 387 jobs in October and the unemployment rate increased compared to the prior month by 20 bps to 1.9%. The national unemployment rate increased by 8 bps over the same time to 3.4%.

  • Provo-Orem, UT unemployment rate is 150 bps below the national rate which is a positive sign.
  • Unemployment in the market is 10 bps above the unemployment rate in the market last year at this time, which is a negative.
  • Average wages (per hour) grew in October versus prior month by 6.7% and are up compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Provo-Orem, UT Unemployment October 2022

For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:

  • Education & Healthcare: 64,600; +600
  • Transportation & Utilities: 52,300; no change
  • Business Services: 42,700; +300
  • Government: 34,900; +100
  • Construction, Mining: 34,500; +1,100
  • Restaurants & Hotels: 26,200; no change
  • Manufacturing: 22,300; -300
  • IT & Development: 16,000; -200
  • Financial Services: 12,900; no change
Provo-Orem, UT Unemployment by Industry October 2022

Data is based on the most recent 12 months available, through October 2022 (Data published December 2022 and reports created on December 2, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.