June 23, 2014

Cover Story

CEO of the Year

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

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Executive Living
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

Utah Unemployment Rate Hits Lowest Level in More Than Five Years

Press Release

June 23, 2014

Salt Lake City – Utah’s unemployment rate dropped to its lowest level since November 2008. The state’s rate is down to 3.6 percent, which compares to 3.8 percent last month, according to figures released by the Department of Workforce Services Friday.

 “Our state's economy continues to be the envy of the nation," said Gov. Gary R. Herbert. "While we have the third lowest unemployment rate and the fourth highest job growth rate of any state, it’s even more important that our growth is distributed across a broad spectrum of industries. Utah is proof positive that conservative principles and a determination to stick to them produce results."

 Utah's job growth also remains near its historical average at an estimated 2.9 percent, adding 37,500 jobs to the economy compared to May 2013. All of Utah’s private sector industries posted job increases in June with largest increases coming in trade, transportation and utilities (9,800 jobs) and construction (5,400 jobs).  

“The goal is to have balanced, strong and consistent economic growth and that's exactly what we have in Utah,” said Juliette Tennert, chief economist for the Governor’s Office of Management and Budget. “The governor has always been focused not just on creating jobs but doing it in a way that will help the economy be strong today and into the future. And that's exactly what we're doing.”

Utah Business Social
UB Events View All
Content Marketing BootcampUtah Business Event
Oct 28, 2014
Please join Utah Business Magazine and Adobe, along with our other sponsors: Boostability, Right ...
Sustainable Business Awards 2014Utah Business Event
Nov 13, 2014
Utah Business magazine along with presenting sponsor Big D Construction, is pleased to announce t...
Best Companies to Work For 2014Utah Business Event
Dec 11, 2014
Utah Business magazine along with our sponsors Diversified Insurance and Miller Motor Sports Park...
Community Events View All
Deal Forum - Salt Lake City
Oct 22, 2014
This Deal Forum is a live pitch event and will feature a number of entrepreneurs who are seeking ...
Interwest Paper - Recycling Brokerage Tour
Oct 22, 2014
Learn about the recycling services ecosystem and what it takes to support customers in nine state...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel