State Honored with “Triple Crown” Award for an Unprecedented
Utahns continue to benefit from one of the best unemployment
insurance programs in the nation the U.S. Department of Labor affirmed today.
Utah was awarded the “Triple Crown” for being the top performing unemployment
insurance division, which operates faster and more effectively than in any
other medium sized state in the nation.
“We serve Utahns in need with a remarkably efficient system,
which is what this award is all about,” said Jon Pierpont, executive director
of the Department of Workforce Services. “This honor highlights our commitment
to exceptional customer service and wise stewardship of taxpayer dollars.” More...
Utah’s employment in August 2016 grew by an estimated 3.3 percent, adding 44,800 jobs to the economy as compared to August 2015. Utah’s current employment level registers 1,420,900.
The unemployment rate for August’ declined two-tenths from July to 3.7 percent. Approximately 54,800 Utahns were unemployed in the month and actively seeking work. The national unemployment rate held steady from July to August at 4.9 percent. More...
The U.S. House Ways and Means subcommittee on Human
Resources held a hearing today entitled “Unemployment Insurance: An Overview of
the Challenges and Strengths of Today’s System.” As part of the hearing, Utah’s
Unemployment Insurance Division Director Michelle Beebe testified about the
successes within Utah’s program and the current challenges states are facing.
“Utah is one of the top states in the country when it comes
to having low duration and exhaustion rates, and has one of the healthiest
Unemployment Trust Funds,” said Beebe. “Even with our success in re-employment,
there are challenges every state is experiencing regarding funding constraints
and the partnership with the federal government. States need flexibility to
continue along the path of sustainability and innovation.” More...