The state Dept. of Workforce Services reported Thursday total number of new claims filed for unemployment compensation in Utah tallied at 6,814 for the week of Jan. 10 through Jan. 17.
Deseret News
State’s unemployment rate drops to 3.6%
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Kristin Murphy, Deseret News
SALT LAKE CITY A state economist says Utah’s “ship has righted,” with the Beehive State reporting a 3.6% unemployment rate and the first month of year-over-year growth in people working since the pandemic hit.
“In December, Utah became the second state economy to flip from COVID-induced job losses back to economic expansion,” said Mark Knold, chief economist with the Utah Department of Workforce Services.
But the turnaround has not happened for all industries.
“That imbalance still underlies the economic story, even with the whole having righted itself,” Knold said Friday. “The ship listed, the ship has been righted, but there are still holes that need to be patched. Any part of the economy that does its commerce and fundamental business interaction in crowd-heavy or physical interaction climates are the industry segments still under duress.”
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The Utah Department of Workforce Services reported Thursday the number of total new claims filed for unemployment benefits was 7,630 for the week of Jan. 3 through Jan. 9 up 36.5% from the prior week.