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The Utah Economic Report for January 2014 indicates a Utah unemployment rate of 4.1%, compared to the U.S. unemployment rate of 6.7%. The job growth rate in Utah stands at 1.8%, slightly above the U.S. rate of 1.6%. Currently, there are 57,800 unemployed persons in Utah, and the net new jobs created amount to 22,500. This information is sourced from the Utah Department of Workforce Services and shows promising trends in job growth in comparison to national figures.
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Utah Economic Report January 21, 2014
Labor Market Indicators December 2013 Utah unemployment rate 4.1% U.S. unemployment rate 6.7% Year-over Utah job growth rate 1.8% Year-over U.S. job growth rate 1.6% # Unemployed in Utah 57,800 Net New Jobs 22,500 Source: Utah Department of Workforce Services
Utah Job Change December 2012 – December 2013 Source: Utah Department of Workforce Services
Top Job Growth States November 2012 – November 2013 U.S. average = 1.7% Source: Bureau of Labor Statistics
Utah Job Growth Converging with Nation Year-Over Percent Change in Jobs Source: Utah Department of Workforce Services