SALT LAKE CITY — Despite the slowing of the national job market and declining consumer sentiment, Utah is still in a good spot.

“Utah’s economic resilience stands above national trends yet again,” Derek Miller, president and CEO of the Salt Lake Chamber, said in a statement. “Businesses are doing exactly what they need to do to prepare for headwinds created by national policies and global events, and the positive labor market growth trends point toward economic strength in the near term.”

Since July 2024, Utah has added a cumulative 40,300 jobs (2.3% growth), bringing the state’s current job count to 1,763,600, according to data from the Utah Department of Workforce Services.

Additionally, Utah’s seasonally adjusted unemployment rate for July sits at an estimated 3.3%, with 60,517 Utahn

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