DASHBOARD
June 2021
The Roadmap to Recovery 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
Utah’s unemployment rate
2
Utah sees two-year job growth.
remains lowest in the nation.
Utah’s April 2.8% unemployment rate ties for lowest in the nation with several other states. This unemployment rate mirrors pre-pandemic levels and this month marks the eight consecutive month of decline.
Job growth for April 2021 is compared to April 2019 due to the large declines seen in April 2020. Utah is one of only two states to see job growth by this comparison at 2.5%.
Utah Continued Weekly Unemployment Claims March 2020 – May 2021 140,000
Continued Claims
120,000
March and April 2021 show a significant jump in SLC airport passengers. While not yet matching pre-pandemic travel, April 2021 surpassed 1.5 million passengers compared to less than 200,000 in April 2020.
Utah Job Change by Industry April 2019 - April 2021 2019 Average
Total
2.5%
Construction
11.2%
Manufacturing
100,000
5.1%
Information
80,000
0.3%
Financial Activities
60,000
9.4%
Leisure & Hospitality
40,000
Other Services
20,000
Government
-5.0% 1.2% -3.1%
Education/Health Services
Mar
Apr
3.8% 10.4%
May
Jun
Jul
Aug
Sep
Oct
8.6%
5.3%
4.5%
4.1%
5.0%
4.1%
Nov Dec Jan Feb Mar Apr May
Natural Resources
4.3%
Professional/Business Services
3.5% 3.3% 3.0% 2.9% 2.8% NA
0
3
Utahns increase air travel.
Unemployment Rate 12% 10%Utah Department of Workforce Services Source: 8% 6% 4% 2% 0.5% S A 0% LT L A K E C H A M B E R 0.1% -2% -4% -6% -8%
Trade/Transportation/Utilities 11.0% 10.9%
1.0% -15.1% 7.1% 3.4%
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