Employed Persons in Utah
LASST490000000000005 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,786,327.00
Year-over-Year Change
0.68%
Date Range
1/1/1976 - 6/1/2025
Summary
The 'Employed Persons in Utah' data series tracks the number of employed individuals in the state of Utah. This metric is a key indicator of the strength and resilience of Utah's labor market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series provides insights into Utah's employment levels, which are crucial for assessing the state's economic performance and informing policy decisions. Economists and policymakers closely monitor this data to understand trends in the Utah labor force.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in employed persons in Utah can impact decisions made by businesses, consumers, and government entities within the state.
Key Facts
- Utah's employment levels have consistently outpaced the national average.
- The COVID-19 pandemic led to a sharp decline in employed persons in Utah in 2020.
- Maintaining a robust labor market is a key priority for Utah's policymakers.
FAQs
Q: What does this economic trend measure?
A: The 'Employed Persons in Utah' data series tracks the number of individuals employed within the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the strength and resilience of Utah's labor market, which is crucial for assessing the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in employed persons in Utah can inform decisions made by businesses, consumers, and government entities within the state.
Q: Are there update delays or limitations?
A: The data is published monthly, with some potential for minor delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, Employed Persons in Utah (LASST490000000000005), retrieved from FRED.