Utah is No. 1 in the nation for job growth

How is this for great economic news? Utah is No. 1 in the nation for total job growth and unemployment is at a record low. In fact, according to the newly-released 2020 Economic Report to the Governor, every major industrial sector in the state has expanded over the last year, adding a total of 45,600 new jobs to the economy. That’s a year-over-year increase of 3.0 percent.

Fueled by record-level residential and near-record commercial building activity, Utah’s construction sector added 4,500 jobs last year ‚ the fastest rate of job growth of any of Utah’s industry sectors in 2019, with a year-over-year increase of 4.3 percent.

Utah also is seeing strong gains in a number of other industries, such as health care, construction, retail trade and professional and business services. Growth in the professional and business services sectors is particularly important because it includes such occupations as engineers, lawyers, architects and computer programmers — skilled positions that pay an average annual wage above $70,000. In addition to job growth, Utah also ranks high in numerous other measures as well, including quality of life, happiness and recreation.

Utah’s engineering industry plays an important role in Utah’s booming economy. At the American Council of Engineering Companies of Utah, we represent independent engineering companies throughout Utah engaged in the development of the state’s transportation, environmental, water and industrial infrastructure. ACEC Utah’s mission is to contribute to Utah’s prosperity and welfare by advancing the business interests of member firms. Our organization is affiliated with the American Council of Engineering Companies, a national federation of 51 state and regional organizations founded in 1909. Want to learn more about us? Visit our website: http://acecutah.org