Updated
Updated · Utah Business · Jul 16
Utah Dashboard Shows 1.0% Job Growth, Ranking State 4th Nationally
Updated
Updated · Utah Business · Jul 16

Utah Dashboard Shows 1.0% Job Growth, Ranking State 4th Nationally

1 articles · Updated · Utah Business · Jul 16

Summary

  • Utah’s June 2026 economic dashboard highlighted 1.0% year-over-year job growth in May—five times the 0.2% national pace—and said the state ranked fourth nationally.
  • Seven of Utah’s 11 major industries added jobs, while labor force participation stayed relatively high at 66.5%, the sixth-highest rate in the country.
  • That participation rate has still softened, decreasing or holding flat since August 2024, a trend the Utah Chamber said bears watching for workforce planning.
  • Consumer sentiment improved alongside lower gasoline prices, with the Zions Bank index rising 1.6% in June to 71.5 from 70.3 in May.
  • Institute officials said the picture remains uneven, warning global conflict could keep pressuring prices, business planning and broader economic performance in coming months.

Insights

With global uncertainty rising, can Utah's top-ranked economy sustain its growth?
Utah's job market is booming, but why is its workforce participation flat?
Beyond AI pilots, what is Utah's concrete plan for its shrinking talent pool?