Seasonally adjusted unemployment rates for all Utah counties have been posted online here.
Each month, these rates are posted the Monday following the Unemployment Rate Update for Utah.
For more information about seasonally adjusted rates, read a DWS analysis here.
Next update scheduled for March 26th.
Showing posts with label Data Releases. Show all posts
Showing posts with label Data Releases. Show all posts
Monday, March 5, 2018
Friday, March 2, 2018
Utah's Employment Situation for January 2018
Utah's Employment Situation for January 2018 has been released on the web.
Find the Current Economic Situation in its entirety here.
For charts and tables, including County Employment, go to the Employment and Unemployment page.
Next update scheduled for March 23rd, 2018.
Find the Current Economic Situation in its entirety here.
For charts and tables, including County Employment, go to the Employment and Unemployment page.
Next update scheduled for March 23rd, 2018.
Monday, August 3, 2015
Updated Economic Snapshots
For the latest economic snapshot for your county, check out the updated files on our website for Carbon and Emery counties.
Note: refreshing browser may be necessary for current information.
Monday, April 27, 2015
Carbon County Economic Update
Tyson Smith, Regional Economist
The Utah Department of Workforce Services (DWS) relies on several data sources to help describe the state of the economy. The most accurate data available is the nonfarm payroll employment information that is collected through the Quarterly Census of Employment and Wages. However, the resources required to gather data accurately come at the expense of timeliness, which results in a four to six month lag between the time these data are collected and when they are available to the public.
Other data are collected in a timelier manner, and these data (along with historical trends) provide a foundation to estimate current economic conditions. Economists at DWS rely heavily upon statistical models, surveys, and limited datasets to evaluate the economy in real-time. Some of those tools, like the county unemployment rates and initial weekly unemployment claims, are highlighted in this article.
The truth is that no single source of economic data exists that can appropriately profile the labor market in real-time. So, when evaluating regional economies it is important to understand the recent economic history of the area, while also using any up-to-date information available despite the limitations of present data.
The Utah Department of Workforce Services (DWS) relies on several data sources to help describe the state of the economy. The most accurate data available is the nonfarm payroll employment information that is collected through the Quarterly Census of Employment and Wages. However, the resources required to gather data accurately come at the expense of timeliness, which results in a four to six month lag between the time these data are collected and when they are available to the public.
Other data are collected in a timelier manner, and these data (along with historical trends) provide a foundation to estimate current economic conditions. Economists at DWS rely heavily upon statistical models, surveys, and limited datasets to evaluate the economy in real-time. Some of those tools, like the county unemployment rates and initial weekly unemployment claims, are highlighted in this article.
The truth is that no single source of economic data exists that can appropriately profile the labor market in real-time. So, when evaluating regional economies it is important to understand the recent economic history of the area, while also using any up-to-date information available despite the limitations of present data.
Emery County Economic Update
Tyson Smith, Regional Economist
The Utah Department of Workforce Services (DWS) relies on several data sources to help describe the state of the economy. The most accurate data available is the nonfarm payroll employment information that is collected through the Quarterly Census of Employment and Wages. However, the resources required to gather data accurately come at the expense of timeliness, which results in a four to six month lag between the time these data are collected and when they are available to the public.
Other data are collected in a timelier manner, and these data (along with historical trends) provide a foundation to estimate current economic conditions. Economists at DWS rely heavily upon statistical models, surveys, and limited datasets to evaluate the economy in real-time. Some of those tools, like the county unemployment rates and initial weekly unemployment claims, are highlighted in this article.
The truth is that no single source of economic data exists that can appropriately profile the labor market in real-time. So, when evaluating regional economies it is important to understand the recent economic history of the area, while also using any up-to-date information available despite the limitations of present data.
The Utah Department of Workforce Services (DWS) relies on several data sources to help describe the state of the economy. The most accurate data available is the nonfarm payroll employment information that is collected through the Quarterly Census of Employment and Wages. However, the resources required to gather data accurately come at the expense of timeliness, which results in a four to six month lag between the time these data are collected and when they are available to the public.
Other data are collected in a timelier manner, and these data (along with historical trends) provide a foundation to estimate current economic conditions. Economists at DWS rely heavily upon statistical models, surveys, and limited datasets to evaluate the economy in real-time. Some of those tools, like the county unemployment rates and initial weekly unemployment claims, are highlighted in this article.
The truth is that no single source of economic data exists that can appropriately profile the labor market in real-time. So, when evaluating regional economies it is important to understand the recent economic history of the area, while also using any up-to-date information available despite the limitations of present data.
Monday, March 9, 2015
Monthly Consumer Price Index (CPI) updated
The Consumer Price Indexes (CPI) program produces monthly data on changes in the prices paid by urban consumers for a representative basket of goods and services.
There is no CPI data specific to Utah, so national data is relied upon for this page.
For monthly and annual CPI data see here.
There is no CPI data specific to Utah, so national data is relied upon for this page.
For monthly and annual CPI data see here.
Tuesday, February 10, 2015
Carbon County Economic Update
Regional payroll employment shrinks slightly in the third quarter
Tyson Smith, Regional Economist
Broad-based economic growth does not always portend positive economic conditions in every community. Utah has seen significant labor market expansion over the last four years, growing at an annual rate of about 3 percent since 2011. And yet, economic recovery in the Castle Country region has been less than consistent.
Carbon and Emery counties – which make up Castle Country – have seen changes to the energy sector greatly impact the primary export industry (mining/quarrying/oil and gas extraction) of the region. Export industries generate new income and investment in a region, thus a dramatic change to a local economy’s exports will reverberate throughout the economy.
Tyson Smith, Regional Economist
Broad-based economic growth does not always portend positive economic conditions in every community. Utah has seen significant labor market expansion over the last four years, growing at an annual rate of about 3 percent since 2011. And yet, economic recovery in the Castle Country region has been less than consistent.
Carbon and Emery counties – which make up Castle Country – have seen changes to the energy sector greatly impact the primary export industry (mining/quarrying/oil and gas extraction) of the region. Export industries generate new income and investment in a region, thus a dramatic change to a local economy’s exports will reverberate throughout the economy.
Carbon County
- Carbon County payroll employment fell in the third quarter of 2014 by an average annual rate of 2.2 percent, the fifth slowest year-over job growth in the state and far slower than the Utah average of 2.8 percent. In total, the county lost 196 jobs from third quarter 2013. Job losses in the mining industry subsided to a rate of 0.4 percent in the third quarter after falling 2.6 percent the previous period. The majority of the decrease in employment came from service-providing industries like wholesale trade (down 25.6 percent) and transportation/warehousing (down 23.1 percent).
- The county seasonally adjusted unemployment rate remained at 4.7 percent in December, 1.2 percentage points above the state average. County unemployment rates are down nearly 1 percentage point from December 2013, and have consistently measured between 4.6 and 4.9 percent since March.
- Initial unemployment insurance claims from January 2015 suggest that county unemployment rates will remain relatively low. The five-week average of initial claims in 2015 was approximately 19 claims per week, compared to 21 claims per week during the same period in 2014.
- While employment in Carbon County waned over the last 12 months, average monthly wages increased 2.5 percent from third quarter 2013 to third quarter 2014. The increase in average wages likely reflects that the jobs lost during the year were lower paying than the jobs retained, which has a skewing effect on the average. The increase in wages probably does not reflect a tightening of the job market, which might result in an increase in wages across the board.
- Third-quarter taxable sales in Carbon County jumped nearly 10 percent, an increase of $9.7 million from last year. Business investment sales in manufacturing surged by $9.2 million (216.7 percent) from third quarter 2013, the largest annual increase in the county. These gains were slightly offset by a $2.5 million decline in the taxable sales of wholesale durable goods.
Emery County Economic Update
Regional payroll employment shrinks slightly in the third quarter
Tyson Smith, Regional Economist
Broad-based economic growth does not always portend positive economic conditions in every community. Utah has seen significant labor market expansion over the last four years, growing at an annual rate of about 3 percent since 2011. And yet, economic recovery in the Castle Country
region has been less than consistent.
Carbon and Emery counties – which make up Castle Country – have seen changes to the energy sector greatly impact the primary export industry (mining/quarrying/oil and gas extraction) of the region. Export industries generate new income and investment in a region, thus a dramatic change to a local economy’s exports will reverberate throughout the economy.
Tyson Smith, Regional Economist
Broad-based economic growth does not always portend positive economic conditions in every community. Utah has seen significant labor market expansion over the last four years, growing at an annual rate of about 3 percent since 2011. And yet, economic recovery in the Castle Country
region has been less than consistent.
Carbon and Emery counties – which make up Castle Country – have seen changes to the energy sector greatly impact the primary export industry (mining/quarrying/oil and gas extraction) of the region. Export industries generate new income and investment in a region, thus a dramatic change to a local economy’s exports will reverberate throughout the economy.
Emery County
- Year-over payroll employment in Emery County shrank 3.5 percent in the third quarter of 2014 after growing 2.5 percent in the second quarter. The decline was driven by the goods-producing industries, which fell 13.9 percent (123 jobs). Mining was hit particularly hard, losing an annual average of 105 jobs from the third quarter of 2013. Private-sector, service-providing employment grew slightly during this period, adding 27 jobs over the year.
- Like Carbon County, Emery County had a relatively high seasonally-adjusted unemployment rate of 4.6 percent in December. Job growth in 2014 has been uneven, and with the impending closure of the Deer Creek coal mine it is unlikely that the jobless rate will reach pre-recession lows in the near future.
- The number of Emery County residents filing initial unemployment claims has been a bright spot for the county. Average weekly claims fell approximately 40 percent in the fourth quarter of 2014, and have continued their downward trend at the beginning of 2015. Falling claims signal that it is doubtful that unemployment rates will increase in January.
- Average monthly wage growth in the third quarter of 2014 reflected the weak employment record; decreasing 0.1 percent from 2013. Carbon County’s wages grew 19.5 percent in the previous quarter, which underscores the variability of quarterly wage data. Wages in Emery County will not consistently have broad-based gains, so long as there remains considerable slack in labor market.
- Third quarter 2014 taxable sales in Emery increased for the fifth consecutive quarter. After increasing by over 15 percent in the first two quarter of 2014, taxable sales in the county edged up less than 1 percent in the third quarter. The manufacturing industry – the third largest industry by taxable sales – increased its business investment sales by $911,000 from the previous year.
Thursday, October 23, 2014
Employment by Major Industry
Employment by Major Industry (or Nonfarm Employment) is compiled payroll data for nonfarm workers. Nonfarm workers are all employees excluding government employees, private household employees, employees of nonprofit organizations and farm employees. DWS economists have broken these documents into county regions and are an important economic indicator of the current economic situation. For more: Why no "Farm" in Nonfarm Jobs?
Second quarter 2014 has been updated for counties in the Castle Country region. These can be found on each county's page in the links to right, as well as below.
Second quarter 2014 has been updated for counties in the Castle Country region. These can be found on each county's page in the links to right, as well as below.
Tuesday, July 22, 2014
New County Pages
See our new County Pages, each with their own URL for easy bookmarking. Find labor market information that has been divided into counties and regions for a quick look at each area.Also find a new look for the Current Economic Snapshots (Carbon and Emery). These are economic snapshots are a two-page look at the current information for labor force, sales, building and unemployment insurance for each county in Utah, and are updated monthly after the Employment Situation.
These can be accessed on the Utah Economic Data page or on the Labor Market page under the "County Snapshots" link.
Monday, June 9, 2014
Long-term Industry Projections available on the web
Job seekers who make decisions based on labor trends information are more likely to see payoff for their efforts. An important aspect of career exploration is understanding how occupations and industries are expected to change. To assist in this process, the Department of Workforce Services (DWS) produces long-term industry projections every two years for the major industry sectors in Utah, providing information on the state’s expected labor demands. The long-term projections extend ten years past the base year. Using the industry projections, DWS generates occupational projections for jobs that fall into the industry categories.
To access the most recent set of long-term industry projections, click here.
To access the most recent set of long-term industry projections, click here.
Friday, May 16, 2014
New Data Available in Utah Economic Data Viewer
The 2013, Q4 industry employment and wages data has been updated in the Utah Economic Data Viewer. Industry employment and wage data is collected through the Quarterly Census of Employment and Wages (QCEW) program. The primary source for QCEW data are the reports submitted by employers to the Utah Unemployment Insurance program.
The Utah Department of Workforce Services compiles quarterly employment and wage data for non-agricultural employers in Utah. Data is maintained at the establishment level (e.g., store, plant, or other type of permanent worksite facility). Since these establishments are assigned an industry and county code, their employment and wage data can be aggregated into common industry and county groupings for analysis purposes.
The Utah Department of Workforce Services compiles quarterly employment and wage data for non-agricultural employers in Utah. Data is maintained at the establishment level (e.g., store, plant, or other type of permanent worksite facility). Since these establishments are assigned an industry and county code, their employment and wage data can be aggregated into common industry and county groupings for analysis purposes.
Tuesday, January 7, 2014
Utah Employers, Employment and Wages by Size, 2013
The Utah Department of Workforce Services compiles quarterly employment and wage data for non-agricultural employers in Utah. Data is maintained at the establishment level (e.g., store, plant, or other type of permanent worksite facility). Since these establishments are assigned an industry and county code, their employment and wage data can be aggregated into common industry and county groupings for analysis purposes.
Employment and wage data for Utah’s non-agricultural employers are categorized in this publication by employment size for the month of March in each of the designated years. Grouping data by this criterion provides a useful tool to analyze the characteristics of Utah employers. For example, general trends of the size of Utah employers and employment concentrations by employer size class can be observed. Wage levels for large, medium, and small firms can also be evaluated.
In this publication, data is presented for both establishments and firms. The term "establishment" is generally defined as a specific physical worksite for an employer. For most employers, this is the actual street location at which business is conducted. For others, with no permanent worksite (such as salespeople, factory representatives, or distributors) it is the location from which they conduct their business (sometimes even residences).
For an overview of this publication and a look at your county, click here.
Employment and wage data for Utah’s non-agricultural employers are categorized in this publication by employment size for the month of March in each of the designated years. Grouping data by this criterion provides a useful tool to analyze the characteristics of Utah employers. For example, general trends of the size of Utah employers and employment concentrations by employer size class can be observed. Wage levels for large, medium, and small firms can also be evaluated.
In this publication, data is presented for both establishments and firms. The term "establishment" is generally defined as a specific physical worksite for an employer. For most employers, this is the actual street location at which business is conducted. For others, with no permanent worksite (such as salespeople, factory representatives, or distributors) it is the location from which they conduct their business (sometimes even residences).
For an overview of this publication and a look at your county, click here.
Thursday, April 22, 2010
New County-Level Personal Income Data Available
The Bureau of Economic Analysis (BEA) has released estimates of personal income at the county level for 2008 based on newly available source data. The county estimates released today complete the successively more detailed series of data releases depicting the geographic distribution of the nation’s personal income for 2008.
The annual estimates (1969-2008) of local area personal income have been revised to incorporate the comprehensive revision of the National Income and Product Accounts (NIPA). Comprehensive revisions, which are undertaken every 4 to 5 years, are an important part of BEA’s regular process for improving and modernizing its accounts to keep pace with the ever-changing U.S. economy. Bureau of Economic Analysis
The annual estimates (1969-2008) of local area personal income have been revised to incorporate the comprehensive revision of the National Income and Product Accounts (NIPA). Comprehensive revisions, which are undertaken every 4 to 5 years, are an important part of BEA’s regular process for improving and modernizing its accounts to keep pace with the ever-changing U.S. economy. Bureau of Economic Analysis
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