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Utah Unemployment Stats and News
Utah Unemployment Stats
Current and Historical Utah Stats Analysis
The unemployment stats for Utah have been very positive since the state’s December 2009 peak of 8.0 percent. The unemployment rate has dropped to 3.7 percent as of August 2016,, though its lowest point was 3.4 percent in October 2015.
By number of people, this is nearly a 50 percent drop. In March of 2010, 108,716 people were unemployed and currently, there are now about 53,888 unemployed people in the state. The most recent low-point was 49,547 set in January 2016. Since then, over 5,000 new people are unemployed.
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Why Unemployment Stats Are Valuable
Utah Unemployment Stats Resources
The Bureau of Labor and Statistics provides information on the current condition of employment throughout the state, including the most active workforce industries. To view Utah’s economy and other useful statistical career information, click here.
For even more personalized data, visit the Utah Department of Workforce Services Economic Data Viewer to explore stats featuring local firms and companies of interest, wages, and much more.
Utah Unemployment News
Utah Unemployment in the News
The Department of Workforce Services’ publication, Local Insights, provides current labor and economic insights focused on decision making for the Utah workforce. Everything you need to know about local economic development and regional economies is available to you through monthly issues delivered right to your inbox.
Utah’s Labor Market and Economy also has a blog that keeps you up-to-date on everything to the minute. Visit the blog here.
While Utah unemployment news seems positive, some economists point out employment problems that continue to plague the state. For example, in late 2015, it was reported that underemployment was likely an issue. This is a problem when people work multiple jobs and still have a hard time paying their bills.
That said, a low unemployment rate is a positive sign. Recently, it was reported that personal income grew faster in Utah than anywhere else: it jumped about 1.4 percent between the first and second quarters.