Salt Lake City’s job market stands out as one of the most robust and dynamic in the Mountain West, with the city consistently earning a spot among the nation’s top metros for job creation, according to Gallup’s Job Creation Index and Career Intelligence. Major employers include global financial institutions such as Goldman Sachs and Morgan Stanley, with the latter offering an average salary of about $55,350 per year as of October 2025 per ZipRecruiter. The employment landscape is shaped by a balanced mix of industries: tech—including software and cloud computing—life sciences, healthcare, financial services, aerospace, and defense. Tech and life sciences are currently among the fastest-growing sectors, and Salt Lake City’s standing as part of the “Silicon Slopes” is reinforced by continuing investments from large firms and active startup growth as described by Livability magazine and Industry Explorer.

Recent data from Livability magazine reveals a low unemployment rate, holding steady at about 3.5 percent, which is lower than the national average and reflective of stable job growth. The area’s appeal draws both employers and job seekers, leading to a competitive housing market and a cost of living approximately 8 percent higher than the national average, though utilities and healthcare remain more affordable locally. Commuting trends are shaped by Salt Lake’s expanded public transit options and growing remote work flexibility, especially in tech and finance.

Seasonally, the city experiences hiring surges in hospitality, tourism, and retail around the winter ski season and summer outdoor recreation period. Seasonal and part-time jobs are plentiful, ranging from retail to customer service and logistics roles. Recent news from the Federal Reserve and local media, such as KUTV and KSL, points to a cautious but stable macroeconomic climate; national layoffs in some sectors haven’t significantly impacted the Salt Lake region due to a diverse economy and solid small business growth. However, inflation and rising housing costs remain potential pressure points, with government initiatives focusing on affordable housing, workforce training, and tech education to sustain growth.

The city’s job market has evolved from its historical reliance on transportation and natural resources to become a magnet for finance, healthcare, and technology. Data from 2025 highlights continued expansion, but detailed sectoral hiring numbers past mid-2025 are sparse. Nonetheless, 36,000 job listings on Indeed include positions such as Administrative Assistant at University of Utah, Utility Analyst for the State of Utah, and Membership Clerk at Costco. For those job hunting, Salt Lake City offers both entry-level and professional opportunities, a resilient hiring landscape, ample career mobility, and promising prospects in high-demand sectors.

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