Utah unemployment rate | Layton City Economic Development

Utah’s Strong Economy is Showing no Signs of a Recession

Economic News | employment expansion, low unemployment rate, Utah Department of Workforce Services, Utah employment, Utah unemployment rate

The Utah Department of Workforce Services released its latest employment summary, and the Beehive State doesn’t show any signs of an impending recession. Utah’s employment for November 2022 increased an estimated 2.6% across the past 12 months, with the state’s economy adding a cumulative 43,100 jobs since November 2021. The current job count stands at […]

Job Growth Remains Strong in Utah during High Inflation

Business Resources and Information, Economic Development, Economic News | Baby Boomers, Department of Workforce Services, job gains, job growth, labor market, Utah unemployment rate

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 […]

Corporate Employees Finally Returning to the Workplace

Economic Development, Economic News | employees, job growth, thriving economy, Utah unemployment rate, white-collar employees, working remotely, workplace

After 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 […]