In spite of financial data indicating a slowing economy, Utah’s unemployment rate held at a low 2.3 percent during the month of May. Meanwhile, the national rate for unemployment rose to 3.7 percent from April. The May number indicates about 42,000 Utahns are currently jobless, according to a new report by the Utah Department of […]
Read moreGovernor Spencer J. Cox recently said Utah has the best economy in the nation and he isn’t bragging. The state continues to lead at the forefront of innovative economic opportunity initiatives. Its list of honors is impressive, including being the best-managed state in America and the number one state for economic outlook and recovery. Utah […]
Read moreUtah’s economy remains strong, despite low consumer confidence, according to the latest economic report by the Kem C. Gardner Policy Institute. The monthly report provides recent data on the state’s economic outlook and actionable framework for business and government decision-makers. Unemployment in Utah currently ranks third in the nation. Utah’s 2 percent unemployment rate is […]
Read moreThe state of Utah is number one, and continues to lead with its growing economy. Utah’s economy ranks No. 1 among all 50 states, according to rankings just released by U.S. News & World Report, a global authority in economic rankings. The publication’s rankings are based on about 70 metrics and thousands of data points […]
Read moreRecently, U.S. News and World Report issued its economic rankings, measuring each state’s economic stability and potential. Utah secured the top spot overall with a population of about 3,206,000 people and a GDP of $193 Billion. The U.S. experienced around 11 years of economic expansion before the coronavirus hit. National unemployment dropped to a record […]
Read moreAlmost two years ago, the U.S. lost more than 22 million jobs in March and April of 2020. At the end of 2021, there were still 3.6 million fewer positions than in February 2020, before the COVID-19 pandemic hit. On the flip side, as of November, 2021, the latest available state-level data, Utah had 61,000 […]
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