Jobs & Economy

Jobs & Economy

Quality Jobs for All of Us

Utah's economy is among the strongest in the nation, with a broad spectrum of jobs. We have consistently been ranked among the best states to grow a business. Unlike most places, we have increased wages and jobs not just for high-income earners, but for low- and middle-income workers as well, which means our economy is benefitting a broad spectrum of people, not just a few.

How have we accomplished this? There are a variety of answers, but here are some of the big reasons: We have kept our regulatory environment business-friendly. We have kept our tax rates as low as possible by reducing the amount we have to spend for various needs like transportation and water. We have maintained a high quality of life, which provides a competitive advantage. We have enjoyed a young, well-educated workforce. And we have been willing to embrace people who may not look or talk like us as our neighbors, making them part of our overall economy.

As we add another 2.5 million people by 2050, will our economy remain strong so that we and our children and grandchildren will have jobs? Will we retain our high quality of life, or will poor air quality, congestion, and other challenges reduce our economic competitiveness? And as our demographics change, will our education system keep pace so that we still have a well-educated workforce?