Utah Q4, 2019 Employment Statistics

  • 111,251 employers, up 4.2% from 106,806
  • 1,546,747 employees, up 2.6% from 1,507,203
  • $1,022 average weekly wage, up 5.0% from $973
  • The average weekly wage is 13.8% below the national average
  • The cost of living is 1.6% below the national average

Employer & Employee Growth

In the last year, the number of employers in the state increased by 4,445, which is an increase of 4.2%. The number of employees in Utah increased by 39,544, an increase of 2.6%. During this same period, the average weekly wage increased by $49, an increase of 5.0%.

The number of private employers increased since last years' Q1. The number of private businesses increased by 4,444 or 4.3%. Growth in private businesses in Utah grew faster than the national average of 2.5%. The number of employees in these businesses increased since last years' Q1, increasing by 33,397 or 2.6%. The growth in employees of private businesses in Utah was faster than the national average of 1.2%.

The average weekly wage of employees of private businesses increased since last years' Q1. The averge weekly wage increased by $51 or 5.2%. Growth in average weekly wage of employees of private businesses in Utah grew faster than the national average of 3.8%.


Leading Sectors

Businesses by Sector

The sector with the greatest number of businesses in the state is Professional services with 16.0% of the businesses in the state. The number of businesses in this sector increased by 6.4%. Construction (11.3%), which increased by 5.7% and Healthcare (10.3%), which increased by 4.7%, round out the 3 largest sectors.

Table: Sectors by Year-over-Year Qtly Business Change %
SectorChange Biz% Change
Information28811.0%
Company management717.7%
Professional services1,0666.4%
Construction6845.7%
Educational services965.6%
Waste services3405.4%
Agriculture and forestry224.7%
Healthcare5124.7%
Transport and warehousing1184.2%
Real estate and rental2213.8%
Arts and entertainment493.5%
Finance and insurance1732.9%
Manufacturing1302.9%
Utilities72.9%
Retail trade3052.8%
Other services1772.7%
Accommodation and food services1442.4%
Mining and oil extraction101.8%
Wholesale trade240.4%


Employees by Sector

The sector with the greatest number of employees in the state is Retail trade with 11.5% of the employees in the state, had a decrease in employees of -0.5% in the last year. Healthcare (10.3%), increased by 3.6% and Manufacturing (8.9%), increased by 2.3%, round out the top 3 sectors.

Table: Sectors by Year-over-Year Qtly Employee Change %
SectorEmployee Change% Change
Construction7,3396.9%
Company management9965.6%
Real estate and rental1,0975.2%
Finance and insurance2,7334.1%
Professional services3,9423.7%
Healthcare5,5803.6%
Information1,2163.3%
Educational services1,1623.2%
Accommodation and food services3,8553.1%
Other services1,1133.0%
Agriculture and forestry1702.9%
Manufacturing3,0932.3%
Transport and warehousing1,3872.3%
Wholesale trade1,0642.0%
Arts and entertainment4401.9%
Waste services-284-0.3%
Retail trade-820-0.5%
Utilities-194-4.9%
Mining and oil extraction-491-5.0%


Average Weekly Wage by Sector

The sector that pays their employees the highest is Utilities paying $2,192per week compared with the state average of $1,026. Weekly wages in this sector declined by $180 or 7.6%. Company management ($1,797), declined by $71 or 3.8% and Information ($1,707) increased by $238 or 16.2% round out the 3 largest sectors.

Table: Sectors by Year-over-Year Weekly Wage Change %
SectorWage ChangeChange %
Information$23816.2%
Educational services$819.9%
Waste services$659.0%
Finance and insurance$1258.5%
Mining and oil extraction$926.1%
Other services$436.0%
Construction$635.9%
Professional services$845.4%
Arts and entertainment$295.1%
Accommodation and food services$154.2%
Agriculture and forestry$283.9%
Healthcare$333.8%
Manufacturing$373.2%
Retail trade$203.0%
Transport and warehousing$252.6%
Wholesale trade$332.4%
Real estate and rental$252.3%
Company management$-71-3.8%
Utilities$-180-7.6%


Leading Industries

Businesses by Industry

Each broad sector is made up of specific industries. In Utah. the industry with the most businesses is Restaurants and other eating places with 4.3% of the businesses in the state (with 4,832 employing 97,761 workers). The Restaurants and other eating places industry had 124 more businesses, an increase of 2.6% in the last year. Management consulting services (3.9% of businesses) added 355 businesses, an increase of 8.8% and Computer systems design and related services (3.3% of businesses) added 248 businesses, an increase of 7.2% round out the 3 industries with the most businesses.

Table: Top 7 Industries by Business Change %
IndustryBusiness Chg% Change
Farm product warehousing and storage2100.0%
Other metal ore mining375.0%
Corn farming375.0%
Petroleum refineries770.0%
Distilleries666.7%
Magnetic media manufacturing and reproducing1152.4%
Laminated plastics plate sheet and shapes250.0%


Table: Top 7 Industries by Business Change #
IndustryBusiness Chg% Change
Management consulting services3558.8%
Computer systems design and related services2487.2%
Residential building construction2067.8%
Services for the elderly and disabled2028.0%
Other direct selling establishments19212.6%
Software publishers17325.1%
Restaurants and other eating places1242.6%


Employees by Industry

Management consulting services (3.9% of employees) added 355 employees, an increase of 8.8% and Computer systems design and related services (3.3% ofemployees) added 248 employees, an increase of 7.2% round out the 3 industries with the most employees.

Table: Top 7 Industries by Employee Change %
IndustryEmp Chg% Change
Family planning centers47110.1%
Emergency and other relief services288103.5%
Other financial vehicles5588.3%
All other crop farming8658.5%
Snack food manufacturing18647.0%
Fruit and vegetable markets1844.5%
Corn farming941.3%


Table: Top 7 Industries by Employee Change #
IndustryEmp Chg% Change
Restaurants and other eating places2,4772.6%
General medical and surgical hospitals2,4637.5%
General merchandise stores including warehouse clubs and supercenters1,5576.3%
Software publishers1,54514.0%
Electrical and wiring contractors1,5179.4%
Computer systems design and related services1,4005.1%
Local messengers and local delivery1,18632.5%


Average Weekly Wage by Industry

The industry that pays their employees the most is Portfolio management, paying $6,637 compared with the state average of $1,026. The Portfolio management industry paid their employees $398 less per week, a decline of 5.7% in the last year. Other financial vehicles ($4,555) and Spectator sports ($3,807) round out the top 3 industries. Employees in the Other financial vehicles ($4,555 per week) were paid $1,608 more per week, an increase of 54.6% and Spectator sports ($3,807 per week) were paid $299 more per week, an increase of 8.5% round out the 3 industries that pay their employees the most.

Table: Top 7 Industries by Wage Change %
IndustryWkly Chg% Change
Postproduction and other related industries$2,055590.5%
Other business support services$1,813145.6%
Marketing research and public opinion polling$1,983144.7%
Footwear merchant wholesalers$1,45295.1%
Wheat farming$31780.1%
Other financial vehicles$1,60854.6%
Internet publishing and web search portals$81747.3%


Table: Top 7 Industries by Wage Change $
IndustryWkly Chg% Change
Postproduction and other related industries$2,055590.5%
Marketing research and public opinion polling$1,983144.7%
Other business support services$1,813145.6%
Other financial vehicles$1,60854.6%
Footwear merchant wholesalers$1,45295.1%
Internet publishing and web search portals$81747.3%
Business to business electronic markets$59337.3%


Company Size

Utah Businesses by Size

The solopreneur company, has the most businesses in Utah by far. 62.3% of all businesses in the state have fewer than 5 employees. The 97,599 small businesses in the state represent 95.8% of all private businesses. The national average is 91.2%. (Small businesses have fewer than 50 employees, Solopreneurs employ fewer than 5.) Utah added 5,256 businesses in the last year, an increase of 5.4% as compared to the national average of 3.0%.

Small businesses are defined as companies with fewer than 50 employees. These small businesses added 5,100 businesses in the last year, which is an increase of 5.5% as compared to the national average of 3.1%.

Mid-sized businesses are defined as companies with between 50 and 499 employees. These mid-sized businesses added 153 businesses in the last year, which is an increase of 3.8% as compared to the national average of 1.3%.

Large businesses are defined as companies with more than 500 employees. These large businesses added 3 businesses in the last year, which is an increase of 1.6% as compared to the national average of 2.1%.



Utah Employees by Business Size

Utah added 122,551 employees in the last year, an increase of 10.8% as compared to the national average of 5.2%. Small businesses are defined as companies with fewer than 50 employees. These small businesses added 47,454 businesses in the last year, which is an increase of 94.6% as compared to the national average of 4.2%.

Mid-sized businesses are defined as companies with between 50 and 499 employees. Mid-sized businesses added 57,573 employees in the last year, which is an increase of 13.7% as compared to the national average of 4.7%.

Large businesses are defined as companies with more than 500 employees. Large businesses added 17,524 employees in the last year, which is an increase of 9.3% as compared to the national average of 9.2%.

Utah Avg Weekly Wages by Business Size

The smallest companies in Utah (those with fewer than 5 employees) pay workers 3.5% more than the national average ($1,041 per week as compared to the national average of $1,005 per week). The largest companies in Utah (those with more than 1,000 employees) pay 35.9% workers below the national average ($1,408 per week as compared to the national average of $1,913 per week).

Average weekly wages in small businesses added $115 per week in the last year, which is an increase of 3.5% as compared to the national average of 3.1%. Employees of mid-sized businesses added $47 in wages per week in the last year, which is an increase of 1.5% as compared to the national average of 1.3%.

Employees of large businesses added $112 of weekly wages in the last year, which is an increase of 4.4% as compared to the national average of 2.1%.



Data Sources




About the Writer

This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.