Utah’s economy shows continued positive growth: Jobs for November
2014 grew by an estimated 3.3 percent, adding 43,400 jobs to the economy as
compared to November 2013. Utah’s current employment level registers 1,360,800.
November’s seasonally adjusted unemployment rate remained
unchanged, registering at 3.6 percent Approximately 51,400 Utahns were
unemployed in the month and actively seeking work. The national unemployment
rate also exhibited no change at 5.8 percent for the month.
“Thus far the winter season is running strong for Utah’s
economy,” reported Carrie Mayne, Chief Economist at the Department of Workforce
Services. “Seasonal industries are performing well; Retail Trade added 4,200
positions and Arts, Entertainment and Recreation added another 2,100 positions.
The delayed snowfall has allowed construction employment to continue growing as
All of the 10 private sector industry groups measured in the
establishment survey posted net job increases in November as compared to last
year. The largest private sector employment increases were in:
- Trade, Transportation and Utilities (10,100
- Construction (7,400 jobs)
- Education and Health Services (5,300 jobs)
The fastest employment growth occurred in:
- Construction (9.6 percent)
- Information (7.3 percent)
- Natural Resources (6.6 percent)
Carrie Mayne breaks down the numbers in her blog post and
this quick video:
For more information, visit our Labor Market Employment
Update web pages.