Most Recent Employment Numbers in Utah | December 2018
The Utah Department of Work Force Services releases data on current jobs and unemployment for the state on a monthly basis. Below is the latest video detailing the most recent employment data for the month of December.
The state of Utah maintained a 3.2% unemployment rate ranking below the national average which also held at 3.9%.
Utah also reported 3.1% job growth (compared to December of 2017) rate against the 1.8% national growth rate.
“Utah ended the year on a positive economic note with job growth,” says Carrie Mayne, Chief Economist at the Department of Workforce Services. “2018 closes out as a year of low unemployment.”
How Employment Numbers Affect The Utah Staffing Industry
Braden Prince, an account manager in our North Salt Lake, Utah staffing office had this to say about the latest job report:
Alexis Dean, an account manager in our Logan, Utah office adds, “It looks to me as though the current economy is in a good place, it is easy for people to find jobs because of the strong economic foundation we are currently on. Throughout the year 2018, there were around 49,000 job seekers each month. However, it was not always the same individuals–which kept the economy moving along. However, with the ‘nervousness' in the stock market and the possibility of trade wars. There is a possibility of the economy slowing down and facing recession in late 2019 and early 2020. It is important that we help applicants find temp jobs now that fit their wants and needs, so if this were to happen in the coming months, they would have a stable job.”
Thanks for the input, Braden and Alexis!
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Director of Marketing
Your Employment Solutions
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