Utah job creation rate roars. State is an employment hot spot in the nation
Utah’s red-hot rate of job creation defied expectations in January by reaching levels not seen in 10 years.
Utah added about 52,700 new jobs in the year that ended Jan. 30 for a job-growth rate of 4.8 percent – a rate that probably is surpassed only by Nevada, the Utah Department of Workforce Services reported Wednesday.
Nevada, Arizona, Utah and Idaho all have enjoyed the strongest job growth nationwide in recent months. A state-by-state ranking for January is not yet available, but Utah’s blistering rate of employment growth probably will end up the second-highest among all states, said Mark Knold, chief economist for Workforce Services.
By Lesley Mitchell
The Salt Lake Tribune
Full Story: http://www.sltrib.com/business/ci_3510460
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