December 23, 2013

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CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

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Article

Utah unemployment rate continues to drop

Press Release

December 23, 2013

Salt Lake City — New figures released today by the Dept. of Workforce Services show Utah’s unemployment rate dropped to 4.3 percent, which ranks Utah fourth lowest among all states. Utah’s private sector job growth remains second in the nation, with nearly all private sector industries showing year-over-year growth.

Utah added approximately 27,900 jobs to the economy compared to November 2012, growing at a rate of 2.2 percent. Nearly all sectors of the economy are growing, with government being the most notable exception. 

“Utah’s private sector job growth and low unemployment rate continue to be among the best in the nation,” said chief economist Juliette Tennert. “We still have one more month of data to come in for 2013, but we’ve posted consistently encouraging numbers.”

The biggest gains were in trade, transportation and utilities, leisure and hospitality and education and health services.

 

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