Utah’s Unemployment Rate Remains Low- Job Growth Continues to Outpace Nation

SALT LAKE CITY – Utah’s economy continued to add jobs and maintain low unemployment through the month of August. The unemployment rate held steady for August at 4.7 percent, relatively unchanged from July’s 4.6 percent. Though August’s job growth of 2.7 percent rate is slower than the previous month, Utah continues to add jobs faster than the national average of 1.7 percent.

“With government the only exception, all growth is good growth, and Utah has consistently been moving in the right direction,” said Governor Gary R. Herbert. “It’s worth noting that every single private sector industry in the latest report is adding jobs. The only sector shedding jobs is government.”

The largest gains were in trade, transportation and utilities, as well as leisure and hospitality.

“Utah’s expansion continues on track, though there will always be months below average,” said Juliette Tennert, Chief Economist for the Governor. “Since the recovery took hold more than two years ago, Utah has consistently grown at about twice the national rate.”