DASHBOARD
November 2021
The Roadmap to Prosperity Dashboard tracks Utah’s path to a full and complete economic recovery from the COVID-19 recession. The Dashboard, which is updated monthly, provides essential insights, tracks timely and leading measures, and shares salient indicators since the start of the pandemic. THREE ESSENTIAL INSIGHTS:
1
2
Utah’s two-year job growth is highest in the nation.
Utah’s September two-year job growth of 3.4% is the highest in the nation and one of only three states showing positive job change.
Utah’s unemployment rate drops below pre-pandemic levels. Utah‘s September unemployment rate of 2.4% is lower than the February 2019 rate of 2.5%. Utah’s unemployment rate ranks second in the nation.
Utah Continued Weekly Unemployment Claims March 2020 – September 2021 2020
3
Job change is uneven across industries. While Utah has seen two-year job growth overall, not all industries have expanded. Jobs have declined in the Leisure & Hospitality, Other Services, Government, and Natural Resources industries.
Utah Job Change by Industry September 2019 - September 2021 3.4%
Total
2021
10.8%
Construction
100,000
6.4%
Manufacturing
Continued Claims 2019 Average
0.2%
Information
8.7%
Financial Activities 50,000
-2.3%
Leisure & Hospitality
-1.4%
Other Services
-2.2%
Government
1.0%
Unemployment Rate 12% Source: 10% Utah Department of Workforce Services 8% 6% 4% 2% 0.5% 0% S -2% A L T0.1%L A K E C H A M B E R -4% -6% -8%
2.4% 9/11
7/31
2.5% 8/21
7/10
2.6%
2.8% 6/19
5/8
5/29
2.7%
2.8% 4/17
3/6
3/27
2.9%
3.0% 2/13
1/2
3.3% 1/23
3.5% 12/5
4.3% 11/14
10/3
4.1% 10/24
5.0% 9/12
8/1
8/22
4.1%
4.5% 7/11
5.3% 6/20
5/9
8.6%
5/30
Education/Health Services 3.8% 3/28 10.4% 4/18
0
Natural Resources Professional/Business Services Trade/Transportation/Utilities
5.2% 4.0%
-12.6% 6.8% 6.1%
Note: Beginning March 2021, a 2-year change is used due to the drastic changes in employment beginning March 2020. Source: U.S. Bureau of Labor Statistics
ROADMAP TO RECOVERY COALITION