Unemployment Rate
3.7%
▼ Below US average (4.2%)
Nonfarm Jobs
1.79M
▲ +1.0% jobs YoY
House Prices (YoY)
+3.0%
▲ Rising
Per-Capita Income
$70K
▲ +3.9% vs prior year
Utah vs. United States — Unemployment
Utah
3.7%
United States
4.2%

Utah is outperforming the national labor market. Unemployment of 3.7% is 0.5 points below the US rate — a sign of relative strength in local hiring.

Jobs & Output
Nonfarm payrolls
1.79M
Job growth (YoY)
+1.0%
Real GDP (2025)
$241B
GDP growth (YoY)
+2.8%

Payrolls are monthly (BLS); GDP and income are annual (BEA). Key sectors in Utah: tech (Silicon Slopes), finance, and outdoor products.

What this means if you live or work in Utah
💼
Job market
With unemployment below the national average, employers in Utah are competing for workers — leverage for job seekers and wage pressure for businesses.
🏠
Housing
House prices are rising moderately (+3.0% YoY) — a balanced market by recent standards.
💵
Income
Per-capita personal income in Utah is $69,991, up 3.9% from the prior year. Compare against national inflation to gauge real purchasing power.
🏭
Key industries
Utah's economy leans on tech (Silicon Slopes), finance, and outdoor products — sector-specific national trends (energy prices, rates, consumer spending) hit this state through those channels first.

Data: FRED (Federal Reserve Bank of St. Louis) — series UTUR, UTNA, UTSTHPI, UTPCPI, UTRGSP — plus BLS and BEA. Live values load on page open; figures shown are the most recent official releases. Not financial advice.