Apprenticeships are a valuable asset to many Utah industries
and will play an increasingly important role as the state strives to meet its
growing workforce needs.
Justin Procarione of South Jordan is in
the final year of his electrician apprenticeship program. He had this to say
about his experience:
Apprenticeships in my eyes are a
very valuable asset to anyone who wants to make great money without going to a
four-year university and spending $40,000. Overall in the apprenticeship
I will have spent $5,000 on school and books [this includes DWS assistance],
and when I finish I will make roughly $75,000. The fields that have
apprenticeships such as electricians, welders and pipe fitters are a dying breed
that is in high demand. People don't realize you can spend little, and make a
lot with job security. More...
The U.S. Department of Labor recently released their April-June
2016 quarterly report on the status of the Unemployment Insurance (UI) program.
Congress designed the program as a federal-state
partnership. The federal government provides over-arching support to help
ensure conformity and compliance within the framework of federal law. Because
of Utah employer’s compliance with federal law, they experience a 90 percent
credit towards their federal unemployment tax — the difference between paying
$420 per employee to $42 per employee each year.
States are provided with the latitude to adopt their own
laws towards accomplishing the goals of the program, tailored towards their
unique economic and geographic landscapes. This ensures that the voice of local
employers — who fundamentally support the UI program structure — is heard. This
also provides states with the agility to address changes in the dynamics of
local labor markets. More...
Utah’s September 2016 employment grew by an estimated 2.9
percent, adding 39,800 jobs to the economy as compared to September 2015. Utah’s
current employment level registers 1,434,200.
September’s seasonally adjusted unemployment rate declined
three-tenths from August to 3.4 percent. Approximately 50,700 Utahns were
unemployed in the month and actively seeking work. The national unemployment
rate crept up one tenth of a percentage point from August to 5.0 percent. More...