Utah’s economy gets a lot of attention from various metrics that continue to outperform much of the nation. Today we’re highlighting another, lesser known metric: the Hachman Index. Workforce Services economist Cory Stahle takes a look at Utah’s economic diversity in our labor market blog, and has some good news:
“In a previous blog, we looked at how Utah compared to other states in terms of industrial diversity (as measured by employment). Using 2012 annual data, Utah ranked fourth in industrial diversity. We have recalculated it with 2014 data, and Utah’s Hachman Index is now third in the nation, behind North Carolina and Missouri.”
In short: Utah now has the third most diverse economy in the nation. Click here to read more.
*Every Wednesday, Workforce Services takes a special look at issues or initiatives that affect Utah's workforce. Hop on Twitter to follow the latest innovations that help Utahns take their careers to the next level: #WorkforceWednesday