Utah and Idaho Economic Snapshots
September 2023
Utah
The Beehive State’s August 2023 unemployment rate rose to 2.5%, and its nonfarm payroll employment increased by 2.5%, or 41,400 jobs, during the last 12 months. Industry sectors leading the job growth were leisure and hospitality (+16,300); education and health services (+9,400); and government (+8,100). By contrast, the industry sectors with negative job growth were trade, transportation, and utilities (-1,000) and manufacturing (-300).
Idaho
The Gem State’s unemployment rate increased to 3% in August, and its nonfarm payroll employment increased by 2.7%, or 22,400 jobs, during the last 12 months. Industry sectors leading the job growth were education and health services (+7,100); government (+4,600); leisure and hospitality (+3,600); and construction (+3,400). By contrast, the industry sectors with negative job growth were manufacturing (-2,900) and financial activities (-100).