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You are here: Home / National News / Utah unemployment rate crashed to 4.1 percent

Utah unemployment rate crashed to 4.1 percent

January 26, 2014 Posted by Staff

 

imagesSALT LAKE CITY — Utah’s unemployment rate gainfully sustained to plunge last month when it drop down to 4.1 percent.

It’s the lowest since late 2008.

Since March 2013, Utah’s jobless rate has lingered below 5 percent.

December was the 5th month in a row having Utah’s job growth below average.

The Department of Workforce Services reported Friday that the Utah’s nonfarm payroll employment for December 2013 grew by about 1.8 percent, adding 22,500 jobs to the economy in contrast to December, 2012.

The current employment level of Utah rolled at 1,301,600.

Nationally, the out of work rate turned down 0.3 percent to 6.7 percent overall.

In the third quarter of 2013 the census numbers up to September 2013 shows great employment growth than the original estimation, said Utah Department of Workforce Services chief economist Carrie Mayne.

The largest increases in job were in education and health where each sector gained 7,700 new jobs. The trade, utilities and transportation sectors both gained 6,800 jobs; and leisure and hospitality provided additional 3,500 new positions. But government employment tapered by 5,200 jobs during the same period.

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Filed Under: National News, State News Tagged With: Department of Workforce Services, Utah unemployment rate

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