Page 7 - Mark Knold News Today

Utahs economy is running strong, for now, but how will inflation and a potential looming recession impact the economy?

The pandemic led to a wave of early retirements. Now, many of those people are returning to work as the cost of living soars.

Utah unemployment rates remained low in May 2022, with just under 35,000 citizens unemployed statewide. Find the full report here.

Utah’s economy has added 55,000 jobs since May 2021

Utahs unemployment rate only had a slight increase from 1.9% in April to 2% in May, but economist Mark Knold said why that rate has moved up for the first time in two years is worth noting.

Utah labor officials reported Friday that the states unemployment rate slipped to a record-low of 1.9% in April after steadily staying at 2% for months.

In April 2022, Utah's employment rates grew an estimated 4.3 percent year over year. Find the details of the rates here.

One component of the states economy may make unwanted waves for boaters in northern Utah this summer.\n

After hitting and remaining at a historic low over the past several months, the unemployment rate in Box Elder County may have finally bottomed out — not for a lack

Utah employment rates for March 2022 increased an estimated 4.0 percent across the past 12 months, with the state’s economy adding a cumulative 62,900 jobs.