by McKenzie Stauffer, Mary Nickles

FILE- Utah’s employment rate grew by an estimated 3.7 percent in August 2018 as the unemployment rate was unchanged. (Photo/Patrick Semansky, File)

(KUTV) — Utah’s employment rate grew by an estimated 3.7 percent in August 2018 as the unemployment rate was unchanged, according to a report by the Utah Department of Workforce Services (UDWS).

The Beehive state has added 54,700 jobs to the economy since August 2017.

“Utah’s labor market continues to perform at an optimal level with the addition of almost 55,000 jobs over the last year,” Carrie Mayne, Chief Economist at the Department of Workforce Services, said in a press release. “The state’s labor force continues to grow and is quickly absorbed into the employment rolls by Utah’s expanding businesses.”

Utah’s current employment level has registered 1,517,800.

UDWS reports that August’s unemployment rate remain the same, staying at 3.1 percent from July.

However, Utah’s private sector grew by 3.9 percent.

The largest private sector employment increases were in:

  • Trade, Transportation, and Utilities (13,700 jobs)
  • Education and Health Services (7,200 jobs)
  • Leisure and Hospitality (7,100 jobs)

The fastest employment growth occurred in:

  • Trade, Transportation, and Utilities (4.9 percent)
  • Leisure and Hospitality (4.8 percent)
  • Manufacturing (4.4 percent)

(Video courtesy of Utah Department of Workforce Services)

Let’s block ads! (Why?)


Source link