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techsuch May 9, 2021 0 Comments

The Utah Job Market# The Utah Job MarketAre you a Utah resident looking for work? Well, you’re in luck. Utah continuesto have one of the strongest economies in the nation, and experts predict thejob growth will continue.Utah was ranked No. 1 in the nation for total job growth at 3.6%, according tothe most recent employment numbers released by the U.S. Bureau of LaborStatistics. Utah is also ranked No. 5 nationally in unemployment with a lowrate of 2.8%.Empire Resume has reported on Utah’s booming technology industry before, whichis responsible for much of the state’s economic success in recent years.Many of these high-paying tech jobs are concentrated in an area dubbed as“Silicon Slopes,” which has become a hub of tech startup companies. TheUniversity of Utah Research Park in Salt Lake City is also a hub ofbioengineering jobs.But there’s more to Utah than just technology jobs.A recent LinkUp report ranked Salt Lake City as having the most diversifiedjob market in 2018 among all U.S. metro areas with a population of over 1.1million. That’s because there are several large employers in Salt Lake City ina variety of industries, including lenders like Zions Bancorp, a real estateinvestment trust like Extra Space Storage Inc., and an e-commerce retailerlike Overstock.com.Experts say it’s important to have a diversified economy because then the jobmarket will be less affected by a single company’s actions. In lessdiversified job markets, if a large employer or sector goes belly up, thewhole market could suffer.Utah’s fastest-growing job in 2019 wasn’t related to the technology industry,either. Money magazine reported that the state’s fastest-growing job was aroofer, which was projected to grow by 15% from 2017 to 2019.In this article, Empire Resume will provide a general overview of Utah’s jobmarket, the fastest-growing occupations in the state, and where you fit intothe overall economic picture.## The Fastest-Growing IndustriesAll major Utah industries added jobs within the past year, according to themost recently released federal employment statistics. Empire Resume discoveredthat the fastest growing industries in Utah within the past year weremanufacturing and information technology (4.7% growth), education and healthsciences (3.8%), leisure and hospitality (3.7%), and natural resources andmining (3.2%).As we’ve mentioned, Utah’s tech industry has become one of the strongest inthe nation. The state’s information technology sector supported one in sevenof all jobs in the state in 2018, and the industry grew at an average annualrate of 4.9% from 2008 to 2018.Utah is home to more than 7,000 tech-focused companies, including well-knowncompanies such as Adobe, eBay, IM Flash Technologies, and EMC Corporation.The manufacturing industry is suffering in many parts of the U.S., but inUtah, it’s one of the state’s strongest industry sectors. Utah’s manufacturingindustry saw employment growth above 11% every year between 2011 and 2016,according to the Economic Development Corporation of Utah.Manufacturing is also one of the highest paying industries in the state. Theaverage monthly manufacturing salary in Utah in 2015 was $4,533, which wasmuch higher than the average monthly salary of $3,621 for all otherindustries.## The Best Careers in The StateEmpire Resume discovered that the careers with the highest estimated growthrate in Utah include Mobile App Developers, Post-secondary Health SpecialtiesTeachers, Web Developers, Personal Financial Advisors, and Market ResearchAnalysts.It’s no surprise the career with the highest estimated growth in Utah isrelated to the tech industry. Jobs for Mobile App Developers are expected togrow by nearly 6% in the state by 2024 with the Provo-Orem metro area seeingthe largest growth.Mobile App Developers earn an average of more than $94,000 annually in Utah.It’s a high paying and hot job in the state that requires a bachelor’s degreein Computer Science or Software Engineering and a very specific skill set. Toland this IT job, you’ll have to know the most up-to-date programming toolsand be proficient in one or more programming languages.Post-secondary Health Specialties Teachers is another career in Utah that’sexpected to grow by nearly 6% by 2024. The formal name of the career is vague,but it basically means a college professor of courses on topics like publichealth, dentistry, and veterinary medicine.Many job openings in this career field are expected to be for part-timefaculty, and you’ll need a master’s degree or Ph.D. The average annual salaryfor these professors in Utah is more than $113,000, and the Ogden-Clearfieldmetro area is expected to see the highest growth rate of job openings.Web Developer is another tech-related job in Utah that should see many jobopenings in the coming years. The annual median salary for this career isnearly $56,000 and landing an entry-level position will usually require abachelor’s degree in Computer Science or a technical portfolio of work you’vedone in the past.## Huge Growth Causes ChallengesUtah’s booming economy has created growth challenges in the state, though.Since 2010, Utah’s population has ballooned by 14.4%, making it the fastest-growing state in the country in terms of population size, according to recentU.S. census figures.Utah led the nation in population growth this past decade because of its highbirthrate, but also because more people are moving to the state for its wealthof job opportunities.Empire Resume discovered that the state’s economic and population growth hasalso been unevenly distributed. While places like Utah County and Salt LakeCity have seen immense growth, counties such as Beaver, Carbon, and Emery havefewer jobs than they did a decade ago.The tech industry has had a huge positive impact on Utah’s economy, but it’salso led to wage inequality and it’s partially to blame for skyrocketing realestate prices. Tech workers in Utah earn an average of about $106,000 annuallywhile all other Utah workers earn an average annual salary of $58,500.Overall, Utah’s economy and job market have become one of the strongest in thenation and growth is expected to continue. Legislators will have to findsolutions to the typical challenges that come with such growth.Rest assured, Utah is a good place to be if you’re looking for work or tostart a career – and it should be for the foreseeable future.Maria Gold is a Content Manager/Writer for Empire Resume. She is dedicated tohelping educate and motivate people with the latest career articles and jobsearch advice. Her interests range from writing to programming and design. Sheis also passionate about innovation, entrepreneurship, and technology.Related Articles:

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