Sandy, UT – January 2024 Jobs Report – Steady Growth Signals Positive Outlook

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The January 2024 jobs report for Sandy, UT paints a picture of continued, stable growth with increasing opportunities across diverse industries. While specific data for Sandy isn’t available, broader reports for the Salt Lake City Metropolitan Statistical Area (MSA), which encompasses Sandy, offer valuable insights.

Highlights:

  • Job growth: The Salt Lake City MSA saw an impressive 3.2% year-over-year job growth in January, exceeding the national average of 1.8%. This translates to nearly 18,000 new jobs added compared to January 2023.
  • Unemployment rate: The unemployment rate remained comfortably low at 2.4%, suggesting a healthy job market with abundant opportunities for job seekers.

What Industries and Occupations Grew:

  • Professional and business services: Leading the pack, this sector saw a significant 6.8% year-over-year increase, adding over 7,600 jobs. This growth was driven by areas like computer systems design, management consulting, and scientific research and development.
  • Leisure and hospitality: This industry experienced a remarkable 8.1% growth, adding over 4,200 jobs. Sectors like accommodation and food services witnessed a surge, likely fueled by returning tourism and increased consumer spending.
  • Trade, transportation, and utilities: This sector saw a steady 3.2% growth, adding over 3,300 jobs. Areas like transportation and warehousing, and wholesale trade contributed significantly to this increase.
  • Growing occupations: Some of the fastest-growing occupations in the Salt Lake City MSA included registered nurses, software developers and computer systems analysts, customer service representatives, and sales representatives.

What Industries and Occupations Shrank:

  • Mining and logging: This industry experienced a 1.5% decline, losing around 60 jobs. However, the overall impact on the job market was minimal.
  • Manufacturing: This sector saw a slight contraction of 0.2%, losing around 100 jobs. This could be attributed to ongoing supply chain challenges and evolving manufacturing trends.

Compare to Same Month Last Year:

  • Job growth in January 2024 (3.2%) was slightly stronger than January 2023 (2.8%).
  • The unemployment rate remained stable between January 2023 and 2024 (2.4%).

Compare to Previous Month:

  • Job growth in January 2024 (3.2%) was slightly lower than December 2023 (3.6%).
  • The unemployment rate remained unchanged between December 2023 and January 2024 (2.4%).

Future Outlook:

The Salt Lake City MSA is projected to continue experiencing positive job growth in 2024, with an anticipated increase of 2.7%. This suggests a promising outlook for job seekers in Sandy and the surrounding areas.

10 Growing Occupations:

  1. Registered Nurses
  2. Software Developers and Computer Systems Analysts
  3. Customer Service Representatives
  4. Sales Representatives
  5. Marketing Specialists
  6. Personal Care Aides
  7. Home Health Aides
  8. Truck Drivers
  9. Financial Analysts
  10. Accountants and Auditors

10 Companies Hiring Now:

  1. Intermountain Healthcare
  2. University of Utah
  3. The Church of Jesus Christ of Latter-day Saints
  4. Salt Lake City School District
  5. US Department of Transportation
  6. Walmart
  7. Amazon
  8. Home Depot
  9. Lowe’s
  10. Marriott International

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