As we approach the summer months,
Utah’s economic outlook remains strong: Jobs for May 2015 grew by an
estimated 3.8 percent, adding 50,000 jobs to the economy as compared to May
2014. Utah’s current employment level registers 1,375,300.
May’s unemployment rate increased one tenth of a percentage point from the previous month,
measuring 3.5 percent.
Approximately 50,800 Utahns were unemployed in the month and actively seeking
work. The national unemployment rate also
increased one tenth of a percentage point, registering 5.5 percent in May.More...
Few people have a thumb on Utah’s economic pulse like our regional economists. In today’s Workforce Wednesday article, we’re highlighting another piece by Matt Schroeder. Matt looks at how Utah’s makeup of “advanced industries” (industries that do a lot of research and development per worker, and employ a high percentage of workers with STEM training) translates to employment opportunities for Utahns.More...
Ever wondered how Utah ranks nationally in employment for industries that rely heavily on research, development and STEM training? Well, there's now an app for that.
Using a simple visualization tool, you can explore the myriad of so-called Advanced Industries nationwide and see which ones are significant to Utah.More...