By: Mark Knold, Supervising Economist
The Utah economy consistently performs well. At times, recessions do arise; but, once they are done, Utah’s upward economic trajectory resumes. The nation’s last recession was 10 years ago. It was rather dramatic given its “Great Recession” label. But that was 10 years ago; Utah has fared well since.
Every state experienced employment loss in the 2008–2010 period. That means every state had an employment count higher in 2007 than in 2009. Those 2007 levels are each state’s pre-recession employment high point (with a few exceptions). To eventually return to that level thereafter means a state has matched its employment count achieved before the recession began. But that level is just economic recovery. What about going over-and-above? To go above is to add prosperity. More...
Utah’s June 2018 employment grew by an estimated 3.3 percent, adding 47,900 jobs to the economy since June 2017. Utah’s current employment level registers 1,591,400. May’s year-over job growth rate was revised downward to 3.1 percent.
June’s seasonally adjusted unemployment rate remained unchanged from the prior month at 3.0 percent. Approximately 48,400 Utahns were unemployed during the month and actively seeking work. The national unemployment rate increased two tenths of a percentage point to 4.0 percent. More...
The Utah State Office of Rehabilitation in Roosevelt will be moving into a new location at 140 West 425 South #330 starting Monday, July 23, 2018.
The office is moving to be co-located with its Workforce Services peers in the Employment Center. The co-location will provide a variety of additional resources and services to clients from this new location.
The Roosevelt office at 1100 East Lagoon Street, will remain open until end of business day Friday, July 20, 2018. For anyone who has questions, concerns, or need assistance with travel directions to the new office, call 801-465-8384. View Flyer.