July’s unemployment rate in Utah remains at a low 2.0%, unchanged across the past three months. The July national unemployment rate dropped to 3.5%. In a press release, Mark Knold, Chief Economist at the Department of Workforce Services (DWS) reported, “High inflation and now two consecutive quarters of declining national Gross Domestic Product (GDP) would […]
Read moreAlmost two years ago, the U.S. lost more than 22 million jobs in March and April of 2020. At the end of 2021, there were still 3.6 million fewer positions than in February 2020, before the COVID-19 pandemic hit. On the flip side, as of November, 2021, the latest available state-level data, Utah had 61,000 […]
Read moreUtah’s economic recovery continues to be one of the best in the nation, with two bright spots in construction and professional and business services, according to the most recent Roadmap to Prosperity Dashboard report for October. The report highlights Utah’s job growth, a dip in consumer confidence and a jobless claim rate actually below 2019 […]
Read moreAfter nearly a year and a half of enduring remote work as a viable pandemic-era solution, many CEOs around the nation are telling employees that now is the time to return to the office. This finally-had-it moment comes just in time for the state of Utah with a thriving economy that has added 51,300 jobs […]
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